Accounting & Investing Info for San Antonio A & M
Here is an article hitting the panic button that the green shoots of recovery will be smothered by
It is no surprise that countries with a surplus of this commodity will benefit from these increases supply and demand. A smart move for businesses that depend on this commodity would be to lock in the rates now before they increase more. Sort of what Southwest Airlines did. They were the only airline was not worried about whether the price of fuel was going up because they had locked in a rate when the cost of fuel was low. I stronly believe that the government should regulate the price.
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So you strongly beleve the govt shoudl regulatre the price, they are now regulating what banks will pay their execs.
And they want to regulate what we will pay doctors.
what would be the FAIR regulated price?
this would be fair to who, producers, refiners, consumers?
vince, you seem to have missed my point, at high oil prices things are just great, at low prices things stink,
if the oil company is only going to make a set return on their discoveries of oil, well what it the point of finding more oil, by the way, if ezxxon finds more oil than say conoco, will you force exxon to give some of their reserves to conoco, just wondered
look at other govt run fair enterprises, how about say the post office, first class mail volume is down, so they raised the price
sugar producers get all kinds of subsidies, is that fair
once the govt passed the windfall profits tax, all the intl oil companies sold their reserves in the US and fired the help and contractors and moved to dubai, was swell….
Wash DC has regulated gun ownership and has the highest murder rate in the country, well maybe it is detroit I could be wrong…
NYC has rent control and the highest apt rents in the US, ditto many cities in CA
Only the govt can produce a shortage….is that what you want? I gatehr you have not embraced this capitalist thing yet….what are you doing in the college of business?
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By being regulated they won’t be able to pay enormous bonuses when the executive didnt deserve it in the first place, or the company is on the fast track to bankruptcy.
But then again they will just give out stock options.
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I suspect it will be along time before anyone gets excited about stock options. Granted there are egregions examples of exec pay but if the govt had not made pay above one million non deductible all this would not have happened in this manner anyway.
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Professor Elam 
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