In a Capitalistic society, why shouldn’t oil companies be allowed to charge what the market will bear?

Question by retrotrancer: In a Capitalistic society, why shouldn’t oil companies be allowed to charge what the market will bear?
Price controls create shortages. Oil companies first obligation is to their shareholders. It’s insane that the free market isn’t allowed to set the price of oil.

Best answer:

Answer by catfish_alomar
because cars cant run on the tears and blood of dead hippies.
when they can, there will be no shortages

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