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Do the Oil Companies own each other?
12-03-2012, 02:48 PM
Post: #2
AMITTKOTHARI Offline
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Hi jackie,

A. There is No GAS WAR.
B. All Oil Company have a Joint Understanding & mutual Consent on how to drive out the customer
But it seems to us that they have a gas war.
C. Oil Company Basically Create a MONOPOLY Groups to Earn profit. if they remain in Price WAr
the customer is benefited in that.. Which they don't want
D. Oil have an Inelastic Demand ie(If price increase there is no Effect in Consumption)

Thanks, ..find on fb http://www.facebook.com/amittkothari
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[] - AMITTKOTHARI - 12-03-2012 02:48 PM

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