The Market Ticker - So Monopoly Is Only Bad Until You Like It?
So about those “evil” monopolists.….
Notley said Monday the price gap, now at a “historically-high” level, is costing the Canadian economy more than $80 million a day.
The price of Western Canadian Select closed at $17.43 US a barrel on Friday. Meanwhile, the American benchmark price, West Texas Intermediate, closed at $57.02 US.
Western Canadian oil prices crashed in September because of a backlog of oil in Alberta.
The solution to “low prices” is, of course, low prices!
If the price of a product is less than the cost of producing it plus a reasonable profit then it won’t…….
(Click link to read more)
Source: https://www.market-ticker.org/akcs-www?post=234623
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