thedddd
Well-Known Member
Sadly that has never changed and the industry as a whole has the power to collude.Still, there is plenty of price collusion in the industry. Prices at the pumps will jump 20c overnight at the slight hint in crude prices rising, yet even when the prices drop in crude as fast as they rose (or even faster), it takes weeks for the pump prices to trickle down to even close to pre-bump levels.
During the gas outage a few months back in the southeast. In GA Forrest Kemp actually created a "hotline" to report any gas stations price gouging. Guess what the supply is back and prices went up. That was all a political stunt knowing all too well it wouldn't help.