Originally Posted by morphius
I think it is different when it is a utility company, and oil companies fit into that IMO.
I would also say that they have no real competition, because obviously the price in one company isn't holding down the price in the others, like what happened to long distance telephone companies in the 90's.
Really, because you only have a Conoco gas pipe running to your house? Congress would love nothing more than to prove the oil companies are colluding but they just can't seem to find any evidence.