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SportTrac Discussion
Engine & Drivetrain
ExxonMobil Accused of Price Gouging
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<blockquote data-quote="Jim Reeves" data-source="post: 551665" data-attributes="member: 59215"><p>The last thing in the world we need is to have the government involved any more in our lives. When hurricane Katrina came through and shut down the pipelines, people in my home town made a run on the gas pumps. It was a race to see who could get there first. I was on empty so I had no choice (yeah, right!) but to fill up. The guy beside me at the pump had his truck full of 5-gallon gas cans and he was filling them up as fast as he could go, all the while complaining about how high the price was. It was hard not to laugh at him. If you want the price of something to go down, the last thing you should do is line up to buy it. Simple 7th grade supply and demand economics. Either it's a free market or it is not. My father-in-law just paid $4,500 for a months supply of antibiotics he needed for an infection he picked up while having a simple surgical procedure in a local hospital. Why do they charge so much? Because they can. The demand drives the price. If everyone in this country would concentrate on using less gas, the demand would go down and the price would go down. Could I plan better, make sure I do my errands between home and work so I don't have to make unnecessary trips, walk when it's only a couple of miles, use public transportation and carpool? You darn right. Will I and millions of other Americans do it? Probably not.</p></blockquote><p></p>
[QUOTE="Jim Reeves, post: 551665, member: 59215"] The last thing in the world we need is to have the government involved any more in our lives. When hurricane Katrina came through and shut down the pipelines, people in my home town made a run on the gas pumps. It was a race to see who could get there first. I was on empty so I had no choice (yeah, right!) but to fill up. The guy beside me at the pump had his truck full of 5-gallon gas cans and he was filling them up as fast as he could go, all the while complaining about how high the price was. It was hard not to laugh at him. If you want the price of something to go down, the last thing you should do is line up to buy it. Simple 7th grade supply and demand economics. Either it's a free market or it is not. My father-in-law just paid $4,500 for a months supply of antibiotics he needed for an infection he picked up while having a simple surgical procedure in a local hospital. Why do they charge so much? Because they can. The demand drives the price. If everyone in this country would concentrate on using less gas, the demand would go down and the price would go down. Could I plan better, make sure I do my errands between home and work so I don't have to make unnecessary trips, walk when it's only a couple of miles, use public transportation and carpool? You darn right. Will I and millions of other Americans do it? Probably not. [/QUOTE]
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SportTrac Discussion
Engine & Drivetrain
ExxonMobil Accused of Price Gouging
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