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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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It's not fixed. They are selling the gas as cheap as it can.
All gas Co. are run though the same system in the back end so there isn't going to be a big diffrents in prices from one Co. to another.