All energy products should be regulated- electricity and natural gas/heating oil are heavily regulated, the only one that isn't is gasoline. It should be. The price of American oil and fuel should be regulated just like the other energy products are. It would have made a big difference, the economy would not have tanked if we had kept the oil companies from jacking up the fuel costs, that is what started it all back in 2004. largest profits in the history of oil, that should tell you something right there.
Wow. So who's going to pay the difference when oil on the global market is higher than the U.S. "regulated" price?