High gas prices-the culprit

[Wino you know]

Even though this was posted on the
Communist
News
Network,
it's still some intresting reading.

http://www.cnn.com/2008/US/09/15/ike.gas/index.html

But I'm sorry-anywhere where gas at the pump is over $5.00 per gallon while the price of crude oil is less than $100.00 per barrel, there's DEFINATELY some gouging going on.

[Lightning Bolt]

What do you bet there'll be NO charges, or anything pursued?

These last few days have really illustrated the DARK SIDE of an unregulated free market economy.
Rather than pulling together in crisis, you're always going to find a percentage of people in this country that are always gonna "get all mine while I can".
Throw in an administration that pretty much looks the other way... and this is what you get.
Out here in SoCal, we've been getting gouged for fuel for the last two years, so welcome to my world.

...ain't quite so grand?

[krusin1]

What do you bet there'll be NO charges, or anything pursued?

These last few days have really illustrated the DARK SIDE of an unregulated free market economy.
Rather than pulling together in crisis, you're always going to find a percentage of people in this country that are always gonna "get all mine while I can".
Throw in an administration that pretty much looks the other way... and this is what you get.
Out here in SoCal, we've been getting gouged for fuel for the last two years, so welcome to my world.

...ain't quite so grand?

Sorry dude... if you've got gouging going on, you do NOT have a free market economy - you've got collusion.

In a true free market economy, somebody would undercut the guy trying to gouge. (Even with the lower price, by selling more, his profits would go up.)