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![]() "Bryan" wrote in message . .. "Harry Krause" wrote in message ... P. Fritz wrote: "OlBlueEyes" wrote in message ... Harry Krause wrote in : OlBlueEyes wrote: This is why prices are behaving as they are, and why prices ALWAYS rise in any "crisis" situation. People who complain about $500 generators selling for $3,000 or $5 plywood boards selling for $25 don't understand basic economics. There aren't enough generators or plywood boards for everyone, so prices self-regulate. Sometimes, but more likely, the sellers are taking advantage and gouging. The stations in my immediate area raised their prices nearly $1.00 overnight. There's no shortage, there's no lines, and it's unlikely all the stations just received thousands of gallons of higher priced gas. Actually it's LIKELY the stations WON'T be receiving ANY gas for DAYS. It is likely the stations are making the same few cents a gallon that they have always made. You think suppliers raise the price to stations on fuel already in their underground tanks? I don't know the economic facts, but I do have an opinion. It doesn't matter that they charge us more for the gas in their tanks. Don't they also charge us less for the fuel in their tanks when prices come down? I will concede that the price fails to come back down significantly. Harry is as ignorant about gasoline sales as he is about boating and politics. Many stations take a net loss on gas sales, ( when you calculate labor, shrinkage, capital investment etc) they profit from the pop and snack business. |
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