Gas station owner told to raise prices

I think if we'd wipe out any law on the books that contain the word "fair," we'd make great strides.

I'm interested in justice, not fairness. BTW, the above example is neither.

 

You answered your own question.

 

The Colorado legislature just recently passed a bill to allow sales of gasoline below cost. The issue was that the big grocery chains were selling gas under cost when a consumer used their store discount cards. The law was originally to protect small businesses from predatory, below cost pricing by big chains with the clout to run them out of business. The stores had suspended their discounts until the new legislation was enacted.

Obviously, you don't know what communism even is. The law in Wisconsin cited in the OP was obviously passed by the representatives of the voters and enacted by their governor. That is representative democracy, not communism.

 

Requiring a retailer to set his price 9.2% above the wholesale price sounds to me to be an instance of government-enforced price gouging.

 

Just because you vote for communism doesn't mean it isn't communism.

Junk like this is one reason that we're not long for the superpower name.

 

Especially when the wholesale price includes a profit margin well above 100%.

 

For every $100 I spend at Kroger, I get $.10 off per gallon of gas when I fill up.

I don't know if that's below wholesale or not, but I sure like it.

 

How many gallons you burn to save 3%? <G>

The concept that the people passing a law makes something moral demonstrates the foolishness of democracy.

 

The Kroger is about 1/2 mile from my house and has the 3rd closest gas station, the other two being Walmart and Exxon (which I am boycotting).:thumbs:

Everyone boycott Exxon.:applause:

 

Is that because they buy their gas from Muslims?

 

Just pick a reason. There are any number of good ones.

They are supporting Islamic regimes by purchasing oil from them. They are raking in $10 billion per quarter in profits while we're paying out the nose for needed gasoline. They are (around here anyway) the most expensive brand of gas to buy.

Boycott, boycott, boycott!!!:applause:

 

Our grocery here in Manchester gives us $.49 off for every $100 spent! It's a great deal!

Jamie

 

That is a great deal.

How much does regular gasoline usually run for up there?

 

Just curious, which Islamic regimes and what is your problem with ExxonMobil purchasing oil from these particular Islamic regimes?

 

$2.79 - $2.90 give or take.

Jamie

 

Saudi Arabia...which is technically a "friend" while mostly looking the other way from terrorists in their own country.

UAE...not so much for being a terrorist breeding ground, but because the royal family is spending billions upon billions, part of which is from our oil purchases, to build up cities, islands, etc, and granting incentives to American companies to move there. There's nothing particularly wrong with what they are doing, but it will hurt our economy for our companies to move there and I don't like it.

My issue with Exxon lies more with their profits than anything. Plus, like I said, they are typically the most expensive brand around here.

You can buy from the if you want to, but it would just tickle me silly to see people stick it to some large corporation like that for a change. The epitome of a capitalistic society is when the largest company on earth can be brought down by angry consumers who refuse to buy their product.

 

Since we don't have a Murphy USA station here I generally purchase my gasoline at the Phillips 66 station on my way to work.

 

If I'm not mistaken, ExxonMobil's profits last year were only about 5.5%.

With most companies, while not a failure, that's a poor investment.

I've been averaging 12% for the last 15 years or so on my investments.

 

But I'm pretty sure you did not post profits of $10 billion either.

The company could do a lot more to help Americans get by, but they choose the higher profits instead.

They're free to make that choice, and I, and all others who feel the same, are free to stop buying their product.