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Politics : PRESIDENT GEORGE W. BUSH
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To: SecularBull who wrote (145975)5/16/2001 8:00:01 PM
From: DMaA  Read Replies (2) of 769670
 
I take back what I said. In some cases, price gouging does take place but it takes collusion with the government to make it stick. . Example: Federal regulations mandate that several cents of every gallon of gas goes to Unocal. Why? They hold a patient on how to set the valves and switch on the refineries to produce a government mandated gasoline formula. This EPA specification produces cleaner gas true, but a gas that causes your car to get slightly poorer mileage. Net result probably a wash - and a government mandated windfall for Unocal.

Nice example of private/public sector partnership. (i.e. a scam).
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