Quote:
Originally Posted by dissentowner
You must be the only person on this planet that does not work for an oil distributer who honestly believes they are not working together to keep prices high. The proof is on the streets, every gas company changes their prices at the SAME time. But your right, that is merely coincidence...  |
Yes, they do change at about the same time ... that's not collusion. Again, go learn what it means, you are confusing it with efficient, open transparent market.
Airline companies spend a great deal of time monitoring compeditor prices, so do laundry detergent manufacturers and hotels. Monitoring and responding to competition is a normal course of business.
But you are right, the general public does not believe much of what I say, but that doesn't make what I say wrong, it makes the general public dumb about the industry. It's too bad, because the industry would teach them, but they would never listen and the 6oclock news has no interest in learning, they are too busy looking out for grandma to deal with facts.
Here's this will help you. A little quiz for you:
1) What would you guess is the underlying cost to a gasoline retailer.
2) Is the commodity that is the underlying cost a local or world wide commodity?
3) How is the price of world wide commodities set?
4) Will buyers buy crude or gasoline at almost any price because they need it to function in their lives?
5) Is the cost of recovery of the above underlying commodity becomming cheaper or more expensive to get?