Help for an economics paper

[Pianomahnn]

I'm looking to do a paper on price collusion/fixing with the oil and gas companies. If any of you have read any really good articles pertaining to that, I would love for you tell me.

Thanks.

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[Billyman]

Check out plugpower.com oh...just do it!.

[Time Slipping]

Jeez. Part of the reason why they are doing it is a move from monopolistic competition/oligopalies towards monopolies, allowing them to raise prices in a relatively inelastic demand/supply curve (raising profits) and decrease supply of a limited resource. Any competition moves away from price to non-price, as an increase in price by one company would not result in similar increases across the board, leaving the company with the higher prices with a lower profit due to lower demand. A drop in price would be followed, as the other companies would be concerned with market share (the big target of large companies in oligarpical(sp) markets). Therefore everyone loses. Therefore, colluding in price raises reduces risks, increases profits, saves resources. Look at the different parts of oligarpies and monopolies, and why oligopalies want to be monoplilies. There we go. The theory explains the reality for a change. Its not exact, but there you go...........

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"Those who seek my life will be destroyed
They will go down to the depths of the earth
They will be given over to the sword
and become the food of the jackals"

[MAC]

Gosh TS thems a lots o big werds

I work in the oil industry.
I never fixed and prices.

I can tell you that the gov't is quelling competition.
And without competition prices go up.
With out adequate supply for the growing number of consumers prices go up.
With increasing environmental protection prices go up.

If you think this is the evil oil companys, you should research the local water treatment in your area and see how expansion of faciluties has been slated/not slated to compensate for growing commercial and industrial need.

This no more than a fucked up design.
Oil prices will climb this year again.
Gas will be expense again this year.
Existing refineries can't produce enough fast enough.
BTW the local refinery here n town produces gas that can't be sold in Dallas, or Chicago, or Los Angeles, etc due to emissions.
Every year the feds say our local cities are failing their Ozone tests.
Guess whats coming.

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Don't shake the devil's hand and say you're only kidding.

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