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To: Toddsterpatriot
Those who say there is a monopoly/no competition are almost too stupid for words.

Really?

If you wish to maintain a level of credibility, first read and respond accurately. Second, do a bit of research. Third, "Keep your words sweet because in the end, you may have to eat them" is good advice

The General Accounting Office, an arm of Congress, looked at eight major oil industry mergers between 1994 and 2000 and found that six of them led to higher gasoline prices.

Some 2,600 mergers swept the oil industry since 1990, as firms sought to cut costs through economies of scale.

103 posted on 05/16/2006 6:10:35 PM PDT by lucysmom
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To: lucysmom
Really?

Truly.

Who Sells Gasoline in the United States?

Convenience stores sell the majority of the gasoline purchased in the United States, and despite canopies that promote a specific brand of gasoline, very few of these stores – less than 3 percent – are owned an operated by one of the integrated, major oil companies.

It is much more likely that the business is owned by an independent entrepreneur who lives in the community.Of the 110,895 convenience stores selling gasoline in the United States in 2004, a whopping 55 percent (61,148 stores) were one-store operations, compared to only 13 percent (14,612 stores) that were operated by a company having 500 or more stores.

More here.

Third, "Keep your words sweet because in the end, you may have to eat them" is good advice

That is good advice. So are you saying there is a monopoly/no competition?

116 posted on 05/16/2006 7:20:53 PM PDT by Toddsterpatriot (Why are protectionists so bad at math?)
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