Gas prices; Collusion? Price-fixing? YOU BET it's happening. Every gas station has the same price and the prices are changed within minutes of each other. Sure there's no competition; that's because they're all in it together. Who's getting shafted? You and me. Somebody, usually a politician, gets put-off and writes a letter to the editor or something and some Exxon rep responds that there's no collusion and no price fixing. End of story. This is reminiscent of the tobacco companies assuring us that their product is safe! How stupid does it make us look to accept the pat explanation from individuals who stand to benefit by it (our stupidity)?!
Of course I accept that there are global factors at play which affect fluctuations in the price of oil but I honestly have my doubts that they need to be routinely enacted one day before a long weekend -- to have the price again reduced after the weekend. PULLEASE! Give me a break!
Wednesday, August 03, 2011
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