Cynical Synapse

Sun, 14 Sep 2008

Profiteering From Your Neighbors

Filed under: Behavior, Economy, Gas Prices, Oil, People, Profiteering, Rants — Tags: , — cynicalsynapse @ 5:40 pm

McLeansboro’s Weblog brings us an example of two stations in one area with a price difference of 76 cents per gallon (86 cents for credit purchases). Obviously the higher price does not reflect the actual cost of the product being sold. Nor does it represent the effect of demand on supply. It’s just plain greed and taking advantage.

How can the ROC station owner live with himself for raping his neighbors like that? It’s bad enough the oil companies and wholesalers jack up prices unnecessarily. Usually I’m sympathetic to the station operator, whose margins are normally a slim few pennies per gallon. Not when they do this, however. If I lived there, I’d never go to that station again.

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