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I'm still not sure if I would support price control on oil. For one thing, even if it works it's coming too late. Second, in a debate between socialist policies and free market, I don't automatically side with the socialist policy. It took a few months of research for me to get behind universal healthcare.
For the time being, I'll say that it may have worked if it were implemented in the 60s. Right now, the oil industry does have way too much control and is corrupt, of course, but a better solution would be more aggressively seeking out alternatives so as to bypass them.
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