Where will the next price implosion be? Oil has fallen off a cliff, What industry is next?

American Thinker ^ | 01/14/2015 | James Longstreet

[SeekAndFind]

We have witnessed the price implosion of oil, and the subsequent decline in gasoline prices. Is this the beginning of a trend, and what industry will admit and be subject to an inability to control its pricing structure?

Cable television? The cost of cable television is a broken promise. Originally, for those old enough to remember, the promise of cable television was that though it may involve a charge, something new for television, there would be no commercials. Anyone remember? Now, the cable providers have it both ways. There are commercials, and infomercials, on which they receive money from not only the viewer / buyer of their service but also the marketing department that buys the air time for the commercial. Nice move.

Is cable the next industry to lose their ability to hold their prices? Add in the nonsense that one must pay for programming one never watches rather than being allowed to choose what they watch and pay for.

The cable companies attempt to stave off this pricing fragility by providing more product for the same price. But even this is finite, as is the ability of the customer to utilize the mountain of bad movies, for example. How many more pawn shop shows, cup cake contests, and minor league sporting events are necessary, or desired?

Or, will it be the cell phone service provider to next lose its ability to hold their prices?

The complexity of the phone bills, the monthly taxes and usage charges, the two year contract trick, and the roll over minutes are all camouflage that befuddles the customer.

Complexities create a surrendering consumer that ends up signing fine print legal mumbo jumbo and locking oneself into multi year obligations.

[minnesota_bound]

Oil prices are back to where they were around 2006.
Gas prices were artificially kept high. The democrats and rinos who are demanding gas tax increases to raise prices again prove this.

[catfish1957]

The Cable Industry has to be leading the pack in gouging.

Just for S's & G's, I pulled an old check register, and found that I was paying $20.55/mo for expanded cable plus two premium channels on May 3, 1981. That same service is now $112.21/ month. That translates to an annual increase (every year) of an average of 13.11%. Anyone hear getting 34 years straight of 13% raises?