Economists generally agree that government subsidies and price caps distort free markets. Energy subsidies combined with price control can reduce supply when producers do not have a profit incentive to increase supply.
The Case For Free Market Energy - Removing Energy Subsidies And Price Controls Improves Market
Forbes - 28 Mar 2016 16:30
Economists generally agree that government subsidies and price caps distort free markets. Energy subsidies combined with price control can reduce supply when producers do not have a profit incentive to increase supply.
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