B
bibcat
Guest
You really believe in that “market responding” stuff, as if “market forces” are some sort of force of nature, like gravity? It’s just greed and iniquity, pure and simple. The petroleum industry is using Harvey as an excuse to raise prices. That is all.That much is not gouging so much as it is the market responding to a shortfall. The only other solution is rationing, at least in the long run. The gouging that is going on in Texas is more than just a sharp increase. One place was selling gas at $20 a gallon. That’s gouging.
People that pay these prices are mostly people who did not prepare at all, or who panic and think shortages will last longer than they will. I expect gas to go up about 50% for the next few months, maybe more.