Prices

Tuesday October 21, 2008 - 10:27PM EDT

I just saw a headline about Russia, Qatar and Iran thinking about forming a cartel, OPEC like. Anyway it made me think about 19th century US antitrust legislation and the monopoly breaking days. It is kind of fucked up that internally we have rules specifically against companies working together to control market prices yet internationally it is perfectly ok to pull that garbage. And it is not like they work together for some kind of humanitarian cause or effeciency of world energy use. They work together to specifically control prices so they make sure they can extract and horde as many monetary resources as possible.  Anyway that is my rant for the day.