Posted by Dean on June 04, 2011 at 14:24:31 from (68.46.208.21):
In Reply to: gas prices falling posted by Bill Tom on June 04, 2011 at 13:10:35:
Not in my area.
In the Cincinnati area, prices jumped from the 3.79 level (and below) all the way back to 3.99 the day after Memorial Day.
It is common knowledge that local prices are (illegally) fixed by the local retail dealers associations. This is why the prices of all retailers in a given local increase by the same amount and at the same time, which is invariably the morning after the retail dealers association meets.
Though such blatant disregard of both state and federal law has historically been ignored, times are changing. I have filed complaints with the attorny general in my state and have encouraged other knowledgeable folks in the other (tri) states to do the same. Investigation(s) have been opened. You should do so as well.
The costs of illegally colluding to fix prices are high in the rare instances when such crimes are prosecuted, against the wishes of the retail dealers associations and their lobbiests.
The collusion is at the local level level, folks. The oil companies are not the problem.
Pay attention to prices in your area, document the facts, and file complaints with the attorney general in your state. Expect political resistance against investigating the politically powerful dealers associations. This is where your documentation will pay off. Most attorneys general have higher political ambition and will be reticent to investigate their potential allies the retail dealers associations. Despite such political influence, such folks will read the tea leaves and take actions that they believe is in their best interest. If you have documented the facts in your area, you will most likely be able to "convince" your states attorney general to open an investigation in your area, though it may be necessary to mention that you may disclose your documented information to the media.
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