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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (322276)1/22/2007 9:54:36 PM
From: TimF  Read Replies (2) | Respond to of 1574683
 
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.



To: Road Walker who wrote (322276)1/23/2007 1:10:48 PM
From: tejek  Read Replies (1) | Respond to of 1574683
 
Tim projects his greed to the rest of the population. You or I, or most folks on this thread, would never consider profiteering in a crisis situation within our community (however big you define community). 99% of Americans wouldn't do that. They would try to help their neighbors as best they could. It's the glue that hold the country together... it's what makes us different than Iraq, for instance.

I don't know if its greed or a very strange ethos. Its like someone told Tim when he was growing up that making money is a sign of Godliness.