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To: Rodney King
"Why doesn't any competitor come in and cut prices? Everyone is colluding? OK, well then why do prices ever come down? Why did they wait until now to raise prices to this level when they could have done it 10 years ago? Are they that stupid? "

What competitors!! This is an oligopoly, and even Bush is pissed off!


14 posted on 03/29/2004 5:05:59 PM PST by international american (Support our troops!! Send Kerry back to Boston!!!!)
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To: international american
What competitors!! This is an oligopoly, and even Bush is pissed off!

Assuming that is true, why did the oligopoly wait until now to raise prices? Why has gas been so historically cheap throughout the 80's and 90's? Are the oil companies that stupid that they didn't think to raise prices until now?

16 posted on 03/29/2004 5:07:48 PM PST by Rodney King (No, we can't all just get along)
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To: international american

Real Motor Gasoline Prices

(March 2004)

Excel file


26 posted on 03/30/2004 3:34:12 PM PST by Dog Gone
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