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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (322276)	1/22/2007 9:54:36 PM
From: TimF	Read Replies (2) of 1574782

Yes you had prosecutions in FL for price increases. Well away from the area devasted by the hurricane, increases of 72 cents (not 10x like you talked about before), when demand is up and supply is tight. Central planning at its best. consumeraffairs.com Gives the details even if it gets some points wrong namely "Between August 31 and September 1, the price of regular unleaded gas sold at the Island station increased a total of 62 cents per gallon, even though the station had received no delivery of regular unleaded gas and encountered no increase in total costs. Midgrade gasoline increased 72 cents per gallon between August 31 and September 2, with no delivery or increase in cost to the station." The fact that there was no delivery to the station doesn't mean costs haven't gone up. Replacement costs did go up after Katrina. To the extent the station couldn't resupply, replacement costs where infinite. Once it could get supply the cost would have been higher then before the hurricane. So the stations cost had indeed gone up.

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