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Petroleum Monopoly

Last post 05-21-2008, 6:16 PM by rockjock. 23 replies.
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  •  05-15-2008, 4:16 AM 2758495 in reply to 2747106

    Re: Petroleum Monopoly

    Aquacorn:
    We have no choice, the world is in crisis now. Petrolium product is the heart of world economy. OPEC dictates all prices.

     WORSENED BECAUSE OF VAT AND %55 ROYALTIES BEING CHARGED BY THE GOVT. FOR THE NATURAL GAS... 

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  •  05-17-2008, 1:33 PM 2762690 in reply to 2758495

    Re: Petroleum Monopoly

    Hoarding of Petroleum and releasing it when the price is HIGH but actually they are not really affected that much but it will lessen their profit.
  •  05-21-2008, 2:53 PM 2771661 in reply to 2762690

    Re: Petroleum Monopoly

    When are we going to realized about skipping and skipping the problem.It is not yet solve and we want to solve another problem.Just like the rumphant petroleum hike now we want to get into it again the electricity whats going on to our country. Can we not yet just focust first to solve one at a time...We can not solve the problem if we're just moving to other prolem without solving it first.
  •  05-21-2008, 6:16 PM 2771991 in reply to 2771661

    Re: Petroleum Monopoly

    let me just correct the thread starter regarding the term and the title of this thread:

    a monopoly is a SINGLE individual or enterprise with EXCLUSIVE control over a product or service.

    the petroleum industry therefore is not a monopoly. it is a CARTEL.

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