"PocoLoco" wrote in message
...
On Thu, 01 Sep 2005 22:45:46 GMT, "Bryan" wrote:


"Harry Krause" wrote in message
...
P. Fritz wrote:
"OlBlueEyes" wrote in message
...
Harry Krause wrote in
:

OlBlueEyes wrote:
This is why prices are behaving as they are, and why prices ALWAYS
rise in any "crisis" situation. People who complain about $500
generators selling for $3,000 or $5 plywood boards selling for $25
don't understand basic economics. There aren't enough generators or
plywood boards for everyone, so prices self-regulate.
Sometimes, but more likely, the sellers are taking advantage and
gouging.

The stations in my immediate area raised their prices nearly $1.00
overnight. There's no shortage, there's no lines, and it's unlikely
all the stations just received thousands of gallons of higher priced
gas.
Actually it's LIKELY the stations WON'T be receiving ANY gas for DAYS.

It is likely the stations are making the same few cents a gallon that
they
have always made.





You think suppliers raise the price to stations on fuel already in their
underground tanks?

I don't know the economic facts, but I do have an opinion. It doesn't
matter that they charge us more for the gas in their tanks. Don't they
also
charge us less for the fuel in their tanks when prices come down? I will
concede that the price fails to come back down significantly.


If they charged only what they paid for the fuel in their tanks, they
wouldn't
be able to afford the cost of the next tank refill. I just spoke to the
owner of
the local Texaco (who, by the way, is selling gas at $2.96/gal. The
cut-rate
Crown right next to him is charging $3.16/gal.

And my wife just called to tell me that she saw CNN showing stations
charging $5.
Well, time to walk to the store and time for the kids to ride their bikes to
school (heresy in these SUV soccer mom parts).