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Gas prices and price gouging
News from Pensacola | September 1, 2005 | "Blueberry12"

Posted on 09/01/2005 9:12:07 AM PDT by blueberry12

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To: Trust but Verify

I'm sure it was just a typo, but it did offer a good chance for some pokin in the ribs....


161 posted on 09/01/2005 12:13:00 PM PDT by CSM ( If the government has taken your money, it has fulfilled its Social Security promises. (dufekin))
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To: Adder

It has nothing to do with the cost of the gas already in his tanks, it has to do with the ability of him to replace the gas in his tanks if he seels it out at the price he paid when it went into those tanks. Please, think about it. Find yourself an economics book and read it in your spare time. Keep it in the car to read while you wait in line to buy scarce gas.


162 posted on 09/01/2005 12:15:00 PM PDT by Trust but Verify (( ))
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To: EagleUSA
that the price is synthetically too high.

So the prices aren't real? People aren't paying them?

163 posted on 09/01/2005 12:16:41 PM PDT by Protagoras (My liberal neighbor is more dangerous to my freedom than Osama Bin Laden.)
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To: CSM

The telecommunications services we offer were fortunately not centered in the Gulf coast region so we had little disruption. Our National network ops group had some leased lines that traversed close the affected areas but they remained stable. Besides, we have alternate routes...

It will be interesting to see if network usage goes up as gas prices increase....More companies cut travel telephone usage traditionally goes up....

NeverGore :^)


164 posted on 09/01/2005 12:18:46 PM PDT by nevergore (“It could be that the purpose of my life is simply to serve as a warning to others.”)
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To: southlake_hoosier
We need to stop these threads, they have all gotten out of control, and FR has turned into a lawless terrorist zone over them. Please stop this now.

Certainly exposing the liberals who masquerade as conservatives by discussing real questions of substance should not be allowed.

165 posted on 09/01/2005 12:19:36 PM PDT by Protagoras (My liberal neighbor is more dangerous to my freedom than Osama Bin Laden.)
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To: Adder
I'm thinking the local megamart doesn't raise the price of beans because the next shipment is going to cost more...the price goes up when the shipment comes in.

Your youth is showing. That was widely complained of back in the Ford/Carter inflation years, finding multiple price stickers on the cans and boxes at the local grocery stores. Thanks to computerization and bar codes, only the price on the shelf needs be updated, so you don't see the change anymore.

166 posted on 09/01/2005 12:21:44 PM PDT by slowhandluke (It's hard work to be cynical enough in this age)
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To: darkwing104
I saw the panic coming and I filled my truck early in the morning when gas was below $2.50 a gallon.

Many many people on FR think you are an evil person who has caused this problem by speculating that the price of gasoline would rise before you had to fill up again.

167 posted on 09/01/2005 12:22:09 PM PDT by Protagoras (My liberal neighbor is more dangerous to my freedom than Osama Bin Laden.)
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To: CSM
"Can you name one business that has opened in downtown New Orleans in the last couple of days?"

I missed your point...the discussion with "Wideawake" was centered around a hypothetical business trucking in ice from out of state to charge usurious prices to flood victims....

Please clarify....

NeverGore:^)

168 posted on 09/01/2005 12:23:10 PM PDT by nevergore (“It could be that the purpose of my life is simply to serve as a warning to others.”)
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To: commonerX
Is everything that works through supply and demand a good thing?
Does it always work out in the end?

If an asteroid blows the earth to bits, the free market won't necessarily prevent it. In that respect, your question doesn't make much sense. The real question is, "Is there a better way to allocate scarce resources than free markets?" The answer is, "So far nobody has found one." If you know of one, I'll be happy to listen.

Who will bail out all the companies going out of business, the government.

Why the hell will it do that? That isn't the government's job. Patrolling our borders is. Why can't they do their job, and stop doing all sorts of things they aren't supposed to?

169 posted on 09/01/2005 12:24:01 PM PDT by Shalom Israel (Pray for the peace of Jerusalem.)
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To: SierraWasp
I am not for Communism.
But if most people have a choice of living in a corrugated metal shack under the system of economics we live in now or living under communism, I wouldn't surprised to hear them say Communism.

Besides Capitalism is not a form of government. It the economic system we under. You not going to have communism in a representative republic.

- Communism - The ownership of property, or means of production, distribution and supply by the whole of a class of society, with wealth shared on the principle of 'to each according to his need', each yielding fully 'according to his ability'

I am not for regulating gas prices but it wouldn't fall under communism as it would be enacted by an elected body of representatives of everyone and not a class of society.
170 posted on 09/01/2005 12:25:07 PM PDT by commonerX (n)
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To: wideawake
I could go out tomorrow and buy a $3,000 big screen for every room in my house. I could go out tomorrow and buy a brand new 2005 Lexus - after all I need a car for work too.

You seem to have a bunch of money. Could you give me some of it? I'm a nice guy and gas prices are so high and all......

171 posted on 09/01/2005 12:26:06 PM PDT by Protagoras (My liberal neighbor is more dangerous to my freedom than Osama Bin Laden.)
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To: blueberry12

What amazes me -- a week ago there was an article on Hawaii implementing price controls on gasoline. Freepers were virtually unanimous in recognising that this was a bad idea that would inevitably result in Hawaii having no gasoline. And yet now Freepers are advocating price control(as in setting a lower price that an unregulated market would use) for gasoline!


172 posted on 09/01/2005 12:26:30 PM PDT by TennesseeProfessor
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To: nevergore
BTW, that's the last time I'll tolerate you calling me a liar...

Then let this be the last straw. I understand perfectly why, if you're telling the truth, you would want to keep your name out of this. But, by the same token, that means you can't use your business success as an argument. You can't use unproven facts as proof of something; you must either prove them, or use a different argument.

173 posted on 09/01/2005 12:27:15 PM PDT by Shalom Israel (Pray for the peace of Jerusalem.)
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To: Protagoras

LOL! You're right! Let the kids pay for their own college tuition!


174 posted on 09/01/2005 12:28:21 PM PDT by wideawake (God bless our brave troops and their Commander in Chief)
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To: BMC1
If you find a station engaging in price gouging, you can report it at the following website.

At an idiot government website? No thanks. Where do we go to report goddamn government gouging, which occurs every day whether there's a disaster or not?

175 posted on 09/01/2005 12:29:10 PM PDT by Hank Rearden (Never allow anyone who could only get a government job attempt to tell you how to run your life.)
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To: Protagoras
Many many people on FR think you are an evil person who has caused this problem by speculating that the price of gasoline would rise before you had to fill up again.

The trend I am seeing now is that gas stations are turning off their pumps rather then deal with state of emergency orders and gouging accusations.


176 posted on 09/01/2005 12:30:40 PM PDT by darkwing104 (Let's get dangerous)
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To: wideawake
Let the kids pay for their own college tuition!

I will if you will. LOL

(One more year and I'm done)

177 posted on 09/01/2005 12:31:10 PM PDT by Protagoras (My liberal neighbor is more dangerous to my freedom than Osama Bin Laden.)
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To: darkwing104
The trend I am seeing now is that gas stations are turning off their pumps rather then deal with state of emergency orders and gouging accusations.

Smart move. Not to mention, why on earth would you sell something for $3 now when you can reasonably expect to sell it for $4 in a week.

178 posted on 09/01/2005 12:33:59 PM PDT by Protagoras (My liberal neighbor is more dangerous to my freedom than Osama Bin Laden.)
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To: blueberry12
thus fuel was sold EXCLUSIVELY to those who needed it the most.

Those who can afford it most and those who need it most are two very different things.

179 posted on 09/01/2005 12:38:26 PM PDT by Terabitten (God grant me the strength to live a life worthy of those who have gone before me.)
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To: wideawake

Your point is well taken, but beside the point.

People need gasoline, they do not need burritos or soda or cigarettes.

I've never heard of people running businesses to generate revenue.

I always thought it was about profit.

I would not bother to run a gas station right now if there were no profits to be made.

Thus, the entire concept of gouging is a socialist concoction into which you have apparently bought.

If people could drive into New Orleans or Mississippi and sell food, water, etc... at prices set by demand instead of by some do-gooder politician who panders to the economically illiterate, those "in need" would have all the goods they actually needed.

It is the opposite when price controls are put in place. People are more apt to buy more water and food than they need the lower the price. As prices go up, people are more likely to buy only the amount of gas they need, thus maintaining a supply for more people, though each will consume less individually.

But hey, maybe you and Karl Marx are correct while Walter Williams and I are not...


180 posted on 09/01/2005 12:40:23 PM PDT by Veritas et equitas ad Votum (If the Constitution "lives and breathes", it dies.)
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