Date: 2005-09-01 10:20 pm (UTC)
Gas gouging is illegal. The fuel market (and, indeed, pretty much all of the energy market in the US) is a very tightly controlled situation; it is not a free market at all.

There'll always be some gougers, some who get caught and some who don't, but there are regulations about the price of gas, and it's only going to go up that dramatically if enough people panic and stay panicked long enough for it to be 'gotten away with'.

In South Dakota, there's a town (I forget the name, now) where the official population is in the double digits. They have /one/ gas station at all accessible by the main highway. I'm sure they have others which the locals use, but the highway one had a price easily 30 cents higher than in 'closer to civilization' areas. Gouging? You bet, but they're not gouging people who live in the area, and they're not likely to get prosecuted for it, because who's going to stick around to make an issue of it?

Yes, the pipelines are down, but this is a matter of - at most - a shortage for weeks, not months, not years. In the long run, the price of gas has no reason to go up due to this.
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Elf Sternberg

May 2025

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