Thread: Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
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Old 05-06-2009, 02:41 PM   #1762
Donger Donger is offline
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Join Date: Nov 2003
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Quote:
Originally Posted by Boon View Post
Electricity and natural gas rates are regulated.
Thank God!
The danger with regulating the price of crude (or the price of gasoline) is that it is a globally traded commodity. Since we generate most of our electricity from domestic sources and therefore don't have to compete with other countries for supply, regulation can work. The same is true for NG, of which we have plenty.
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