Friday, September 12, 2008
Gas gouging rampant across the country
Check it out with this Google search.
The price of oil is down, and the gasoline in tanks under stations has not suddenly become more expensive.
What's happening is "disaster capitalism." It probably always existed. If the storm is coming, raise prices and take advantage. People will buy rice, toilet paper, bottled water, batteries, no matter how high you price them. Oil companies seem particularly adept at this, though. Their computers are tuned and optimized to separate us from our money as efficiently as possible.
That Google search reveals that some states have laws against price gouging, more or less effective. Thanks to our governor and compliant legislature (with particular thanks to the House leadership for screwing us out of the original law), we have no protective gas caps. Maybe it's time to re-think how to do that effectively.