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Make Oil a Public Utility

commondreams.org — Is it time to look at nationalizing the oil industry?

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  • BeforeSputnik, on 03/27/2008, -0/+1While i agree that it is similar to water and electricity in prevalence of use and could be a good candidate for becoming a Public Utility , i would be afraid that making it so would dampen technological growth and keep us tied to Oil as a means of transportation. Let the market control the prices, if they get too high, a new product will takeover. (RP)
  • georgedonnelly, on 05/06/2008, -1/+0This is an argument for price controls, nationalization and a tax on "excess" profits. This is an argument for fascism. Don't be fooled.
    • rearlgrant, on 07/17/2008, -0/+1Your comment shows how the word fascism has become meaningless b/c it's used to define any opposition ideology.

      The current state of affairs with oil companies and big business in bed with a party that promotes socialized pain for privatized gain in the name of the libertarian tradition of the Founding Fathers is far closer to fascism than nationalization.
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