[bray]

Um, that chart is pretty hard to argue, even if he did work for Exon. Now why don't you show some proof of gouging or apologize? You do understand capitalism and that old supply/demand model?

Pray for W and Our Troops

[italianquaker]

I dont have to, all I have to do is go to the gas stations and watch how they react to price fluctuations in oil.
I understand that when oil prices rise they quickly raise rates and when oil prices drop it takes weeks. The gas is still the same in the pump. So all the graphs and figures will not change my mind or the majority of consumers who see this with there own eyes. Yes I do have stock in energy companies also.

[Harmless Teddy Bear]

I wouldn't hold my breath. :)

They don't offer proof because they have none to offer. The gas and oil industry is one of the most highly regulated and closely watched industries in the world. Catching them in wrong doing would be the golden ticket for any politician, they could ride it straight to the White House.

But all that has ever been found for decades has been some petty penny ante local stuff.

[Logophile]

Um, that chart is pretty hard to argue, even if he did work for Exon. Now why don't you show some proof of gouging or apologize? You do understand capitalism and that old supply/demand model?

Would someone please provide a quantitative definition of price gouging so that we can all recognize it when it occurs?