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Why is gas price fixing allowed?
I only found one other post that had the words "gas", "price", and "fixing" in it, so I think this has yet to be discussed. Please correct me if I'm wrong.
Anyway, with ANY other product in the country, you can shop around for a better price, or a price you can afford. (A utility is not a product.) If I don't like Best Buy's prices on computers, I can look at CompUSA or Wal-Mart or Circuit City. Same goes for cars: if I don't like the price of a Honda Accord, I can check the price of a Nissan Sentra or a Chevy Cavalier.
You can't do this with gasoline!!! If Texaco has gas for 1.89/gallon, you can't go somewhere that's selling theirs for 1.49, or 1.29. The price of gas is fixed so no station can sell theirs below a certain minimum, which is still too high. Why is this allowed? Isn't price fixing illegal?
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"I'm disinclined to acquiesce to your request." - Capt. Barbossa
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