[mysterio]

Here's one : Muncie. A whole penny of difference between all of the stations. And most raised it at about 7:30 AM. All at about the same time.

Muncie

Gee, I wonder how they all knew to raise the price? I watched it happen. But that's not collusion. It's just coincidence.

I'm sure the info will change, so at the time I'm posting this, every station in town is $2.85 or $2.84, and the one that's $2.79 was recorded as the big coincidence was happening.

[FreedomCalls]

I'm sure the info will change, so at the time I'm posting this, every station in town is $2.85 or $2.84, and the one that's $2.79 was recorded as the big coincidence was happening.

That's BS! You are just looking at the lowest prices all lumped together. If you select highest and lowest prices you will see that the price differs from a high of $3.19, $3.15, $3.09, $3.05 (one station each), $3.04 (three stations), $3.03 (seven stations), ... all the way down a penny at a time to $2.74 (six stations), $2.73 (four stations), $2.69 to $2.65 (one each). Not by a long shot is "every station in town" charging the same price to the penny in Muncie.

[Blessed]

>I'm sure the info will change, so at the time I'm posting this, every station in town is $2.85 or $2.84, and the one that's $2.79 was recorded as the big coincidence was happening.<

Not hard to understand.Wholesale price is current market price same as with all commodities.Any price competition is among retailers.With margin beat down every one sets price based on low price leader.If their was really collusion retailers would get together and set prices at a level at which they could make a profit rather than current levels with virtually no margin.

[Rodney King]

Here's one : Muncie. A whole penny of difference between all of the stations. And most raised it at about 7:30 AM. All at about the same time. Gee, I wonder how they all knew to raise the price? I watched it happen. But that's not collusion. It's just coincidence.

You know what happens at 7:30? The managers of the stations wake up and drive around town to see what everyone is selling gas for. What makes you think that gas stations make pricing decisions without regard to what others are doing? Are you suggesting that if you ran a business you wouldn't look into what your competitors were doing to know if you needed to lower price?