Quote:
Originally Posted by dissentowner
Here is another example, 10 milk distributers all have their product out there, they all are selling between a range of 1-3 dollars. Now all of the sudden one decides to sell his milk for $10 a carton. Your argument is that all of them would follow suit to not be left behind instead of keeping their current price knowing nobody in their right mind is gonna buy the $10 carton. Now if the other 9 say hey, if we up ours to $10 a carton what choice will they have and we will make a fortune and so they follow suit to fill their pockets that is what your oil company's you are defending have done.
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That's ridiculous. You have ignored everything that I have said. Gas goes up a few percentage points at one time, you are comparing an one time increase of like 400% to gasoline?
In your above, silly irrelevant case, no, people wouldn't follow suit because everyone knows he won't get any sales at that level.
UNLESS his input costs went up by 400%, then everyone may follow because everyone needs the margin relief.
You are forgetting that retailers input has gone up by about the same amount as the price of the gasoline has, and comparing that to a commodity that hasn't.
Seriously just stop, I'm not the one insulting your intellegence, even if I wanted to I can't compete with your comments.
Still looking for that proof of collusion ... how many times do I have to ask until you actually provide some? If I knew the answer to that I'd ask that many times in one post just so I can see the proof to your arguement.