Quote:
Originally Posted by dissentowner
Ok, you have made some good points but tryin to make anyone believe oil company's do not collude is trying to call everyone stupid. One jacks up the price and they all follow suit. It would be like your potato chips that keep the retailer in business all the same price no matter what the name brand. Same with cigarette companies, you can get a pack of Number 7's a helluva lot cheaper then Players but if everyone colluded like the Oil industry they would be the same price. You want to change my mind then give me any other product especially one as essential as gas that's prices all go up or change to within a margin of acent or two and that is it? Good luck. I buy your arguement of the retailer not making big bucks, okay, but don't insult my intteligence or anyone elses by saying Gas distributers are not in collusion with eachother..geez
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you need to understand the definition of collusion, your are confusing it with, competitive, efficient, transparent market.
Based on your definition airlines collude, hotels collude, car manufacturers collude, laundry detergent producers collude etc.
Since you know this to be the case, let's just see some proof of collusion.
If someone across the street changes their price, I'm inclined to follow because if he's going down in price, I probably will to or I'll lose business, and if it goes up I'll probably go up as well to improve margins ... neither are cases of collusion.
Btw you asked earlier what can you do to beat them. The answer is to not buy there product. I moved near my place of work for a few reasons but that was one of them, and the second is that it's a free country. You can join them, buy their stock. Trust me that works well to.
And enough of the insulting of intelligence. Your insulting your own by declaring something and providing zero proof behind it. But that's ok, I think it's because you don't know what collusion is.