Wednesday, March 16, 2011

Gas Price Monoply - Are Dealers Lying?

How can all prices of gasoline at all pumps I drove by be the same price without collusion? All were at 3.59 and 9/10 except Marathon on Knoxville a penny cheaper.

Does one or two companies supply all the stations in Peoria and threaten them to keep the prices all the same or else?

I was in the retail business for 28 years. It was impossible for all of us to sell the same product at the same price without was was known as price-fixing.

The fix is in in Peoria, believe me. If I find it two or three cents cheaper in another county I will drive there even if it costs me more to do so.

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