US Politics on Sidechat | Instead of a rebate of 50% of the profits over the 2019 prices, why not just pass a law to implement price controls on the oil industry to prevent profiteering from the outset?

Join communities on Sidechat Download

Instead of a rebate of 50% of the profits over the 2019 prices, why not just pass a law to implement price controls on the oil industry to prevent profiteering from the outset?

Big Oil Windfall Tax Would Return ‘Egregious’ Iran War Profits to Struggling US Families | Common Dreams

www.commondreams.org

2

3

Anonymous 7w

Price controls would limit supply further

5

Anonymous

#1 7w

Yep. Part of the reason oil prices are rising is because no one wants to insure these ships, at least for any reasonable amount

1