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The Gouge Grows!

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  • The Gouge Grows!

    The difference between Regular and Mid Grade has grown to 40 cents per gallon. It appears that the reason for this is that newer cars with compact, fuel efficient engines are designed to run on mid-grade fuel, making it easy to target a specific group for windfall profits.

    That's what medicine should be doing - charging the highest rates for the services most often demanded. How about triple cost for colds and flu, sore muscles and school physicals?

    Welcome to America, Land of the Free and Home of the Screwed.
    Quis Custodiet Ipsos Custodes? Who is watching the watchers?

  • #2
    That’s why electric cars are better.
    "In modern war... you will die like a dog for no good reason."
    Ernest Hemingway.

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    • #3
      Originally posted by Achtung Baby View Post
      That’s why electric cars are better.
      Greater demand for electricity will result in the same gouging.
      Quis Custodiet Ipsos Custodes? Who is watching the watchers?

      Comment


      • #4
        Supply and demand isn't "gouging". Absent government regulation, someone would start (or find a way*) to produce more mid-grade, and then the price would fall. Or eevelop a new way to power cars. Because of government regulation, the barriers to enter the competition are unreasonable, so the same few refineries are the only producers.

        * I'm not familiar enough with the details of refining oil to gasoline to know if there are options in determining how much of each grade is produced

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        • #5
          Originally posted by 82redleg View Post
          Supply and demand isn't "gouging". Absent government regulation, someone would start (or find a way*) to produce more mid-grade, and then the price would fall. Or eevelop a new way to power cars. Because of government regulation, the barriers to enter the competition are unreasonable, so the same few refineries are the only producers.

          * I'm not familiar enough with the details of refining oil to gasoline to know if there are options in determining how much of each grade is produced
          Nothing to do with supply and demand, which is absent in most businesses and professions. Just gouging. It's notorious in Colorado, which has heavy tourism throughout the year. And Bi Oil has been price fixing for decades. When demand falls, for example, they take a refinery out of production for "maintenance and upgrades" which causes shortages and boosts the price back up. Interestingly, they haven't built a new refinery in some forty years.

          How would you react if your ordinary cold or flu cost you triple because it was increasing demand for medical services?
          Quis Custodiet Ipsos Custodes? Who is watching the watchers?

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          • #6
            Fascinating.

            From what I can see presented here, the consumer gets screwed when industry is allowed to regulate itself and set their own prices or when deregulation happens in a free market, non pricefixed environment. If only some other large government-like entity existed to make sure the consumer wasn't taken advantage of, price gouging was curtailed and regulations were established by a body removed from the industry itself.

            Truly interesting to see the different response to some of the negative effects of unfettered capitalism when one's own lifestyle and wallet is impacted.


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            • #7
              No better time to live off the grid with your cybertruck hunting down government drones. Free from the clutches of those greedy capitalists.
              "In modern war... you will die like a dog for no good reason."
              Ernest Hemingway.

              Comment


              • #8
                Originally posted by Achtung Baby View Post
                That’s why electric cars are better.
                This one is amazingly economical to drive:

                Flag: USA / Location: West Coast

                Prayers.

                BoRG

                http://img204.imageshack.us/img204/8757/snap1ws8.jpg

                https://www.youtube.com/watch?v=5PtsX_Z3CMU

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                • #9
                  No he really needs a cybertruck, complete with truck nuts.

                  9C233A46-0911-43E7-BE92-E2006973B811.jpeg
                  "In modern war... you will die like a dog for no good reason."
                  Ernest Hemingway.

                  Comment


                  • #10
                    And when you need to do some stealth scouting to creep on the drone operators, you can deploy your ATV running on methane made from chicken poop.


                    1574716563_CD-Projekt-and-Elon-Musk-joke-about-Cybertruck-in-Cyberpunk-1024x576.jpg
                    Attached Files

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                    • #11
                      And when electric ca rs take over, The Gouge will simply be transferred to your electric rates.
                      Quis Custodiet Ipsos Custodes? Who is watching the watchers?

                      Comment


                      • #12
                        Solidarity brother, it’s all for the greater good.

                        Long live lithium.

                        You don’t choose the drone life, the drones choose you.
                        "In modern war... you will die like a dog for no good reason."
                        Ernest Hemingway.

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                        • #13
                          Originally posted by Achtung Baby View Post
                          Solidarity brother, it’s all for the greater good.

                          Long live lithium.

                          You don’t choose the drone life, the drones choose you.
                          All for whose "greater good"?

                          Hint: Bog Oil cares nothing about the customers.
                          Quis Custodiet Ipsos Custodes? Who is watching the watchers?

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                          • #14
                            Originally posted by CarpeDiem View Post
                            Fascinating.

                            From what I can see presented here, the consumer gets screwed when industry is allowed to regulate itself and set their own prices or when deregulation happens in a free market, non pricefixed environment. If only some other large government-like entity existed to make sure the consumer wasn't taken advantage of, price gouging was curtailed and regulations were established by a body removed from the industry itself.

                            Truly interesting to see the different response to some of the negative effects of unfettered capitalism when one's own lifestyle and wallet is impacted.

                            CD, you've got a winner for this thread! Pay the man!

                            Watching capitalists turn into socialists...……………….priceless!

                            Regards,
                            Dennis
                            If stupid was a criminal offense Sea Lion believers would be doing life.

                            Shouting out to Half Pint for bringing back the big mugs!

                            Comment


                            • #15
                              Originally posted by Mountain Man View Post

                              Greater demand for electricity will result in the same gouging.
                              That will be in the form of a road tax based upon your driving habits as determined by the GPS, data recording that is uploaded to a central computer via wireless connection, and computer Black Boxes now built into your newer vehicles. It can even bill you a varying amount based upon the time of day and the route taken, much like they do already on toll roads in DC.

                              https://sanfrancisco.cbslocal.com/20...s-mileage-tax/
                              “Breaking News,”

                              “Something irrelevant in your life just happened and now we are going to blow it all out of proportion for days to keep you distracted from what's really going on.”

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