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To: Between the Lines
Upstate SC in similar but not quite as desire situation. I have heard wholesalers have gas, but many independents are refusing to buy at the price it is being offered. The reason being if they have to sell it at $4.50 plus to the consumer, just to cover actual cost, they run a risk of an investigation by the SC Attorney General over price gouging. Free market needs to be allowed to work to correct this artificial market imbalance.
11 posted on 09/25/2008 7:31:31 AM PDT by buckalfa (confused and bewildered)
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To: buckalfa

The government excells at creating economic problems, doesn’t it? Perhaps some taxpayer-funded scheme, or additional layers of regulation would alleviate the pain. No?


17 posted on 09/25/2008 7:33:50 AM PDT by ClearCase_guy (Michelle, spare me your phony outrage, you know as well as I do that dress makes your butt look big)
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To: buckalfa

We had plenty of gas here in York county until two days ago. The shortage in Charlotte has spilled over the state line and they have sucked our pumps dry too.


29 posted on 09/25/2008 7:42:13 AM PDT by Between the Lines (I am very cognizant of my fallibility, sinfulness, and other limitations.)
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To: buckalfa
The reason being if they have to sell it at $4.50 plus to the consumer, just to cover actual cost, they run a risk of an investigation by the SC Attorney General over price gouging. Free market needs to be allowed to work to correct this artificial market imbalance.

Amen! ECON 101 = Price controls ALWAYS produce a shortage. Amazing how everyone (politicians especially) seem surprised when this happens. It's a no brainer. If you want the gas, you gotta let the price rise. Fear of criminal charges for "gouging" is driving the shortage - it's de facto price control by fear.

53 posted on 09/25/2008 7:59:27 AM PDT by LikeLight (http://www.believersguidetolegalissues.com)
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