Tilted Cat Head
Administrator
Location: Manhattan, NY
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Re: Why is gas price fixing allowed?
Quote:
Originally posted by johnnymysto
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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so you mean to say that you go to Wal-Mart and they have differences in prices from one Wal-Mart store than the others? A company can set their prices as they see fit, and you have every right to go elsewhere unlike you stated in your last paragraph.
You don't have to go to Texaco, you can go to Mobil, BP, Union 76, Arco, and other options just as plentiful as any other retailer.
I bought gas yesterday that was .03 cheaper than the name brand competitor down the street.
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