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Lorne Holler: Gas prices result of lack of competition

A note: Lorne Hollar cites Joe Hare fuel find at $1.749, but Joe Hare has been edged by a Hare. Donald Hare found fuel at $1.639 in Lebanon, TN.

Lorne Holler writes:
I had to go back to my business classes. The law of supply and demand for goods and services without competition means when a supplier has no competition they can and most of the time will charge what they want. If there is competition, there are the checks and balances of retail and wholesale in an areas. This keeps everything within a reasonable price. - Lorne Holler
Comments re photo 58670 Joe Hare finds gas for 1749 just 80 miles from home




This story was posted on 2015-01-26 09:43:09
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