Quote:
Originally Posted by undercoverbrother
All I said was "and yet the price of fuel continues to roll along......." as a consumer it appears that there is price fixing. In my industry we get competition trying to undercut our prices all the time. In the retail fuel industry there does not appear to any attempts at under cutting or gaining a greater market share through competitive pricing.
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I hereby direct you to research basic economics. Specifically, the concept of price and demand elasticity.
http://en.wikipedia.org/wiki/Elasticity_(economics)