Posted on 08/31/2005 11:34:55 AM PDT by JZelle
Fox News just showed a BP sign in Atlanta with $5.87/gal for regular. If you can get it for $4.99, you better get it now.
nuts!
going to be violence over those prices...
Thanks!
Oh boy....so many facts are bogglin' the mind. SOMETIME, and SOMEWHERE today, I either heard or read of a web page you can go to, to report a station that's gouging.
Dang...I wish I could remember what it was...
What's the record for most removed postings in one thread?
http://www.energy.gov
Contact them for price gouging. :)
Spread the word.
That is because their profit is a percentage. It works like this. Your cost is $1.00 you are allowed to make a 3% profit. (I believe that this is the amount that it is set at to prevent gouging.)
You sell it for $1.03. Your profit is three cents.
Most people do not find that unreasonable.
Now however the cost has risen to $3.00. Using the exact same percentages you charge $3.09. Your profit is nine cents and everywhere people are screaming that you made "record profits" and cursing your name.
But is this position justified?. You are still making a 3% profit. Nothing has changed. Is a three percent profit unreasonable?
There WERE a few on this one.
Guess we've all seen whole (500+ post) threads deleted because of mass insanity (flame wars). I've seen some threads with huge blocks of posts deleted too.
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