Quote:
Originally Posted by Flames in 07
People are suspicious, as you say because what else is posted on every corner, and easy for everyone to see and compare as gas prices? The answer is nothing. Further its tied to a openly traded commodity, that has increased significantly over the years. And lastly, as you point out it's tied to 14 other things, or in other words has many factors that influence the price.
People aren't suspicious because there is actually any illegal behavior (think about it, what would make any politician, auditor or anyone with an oversight responsibility more popular than to crack a big retail gas conspiracy?)
Other things vary in price as much as gasoline, but there's no experts like undercover who falsely accuse the hotel industry, the airline industry, rental car industry or dozens of others industries about prices changing due to changes in supply or demand.
But since Undercover knows something everyone else doesn't, I'm still waiting for his insight.
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Wow, the poster doth protest too much, methinks.....
I never said I have insider information on the pricing of retail fuel. I like many other have concerns that companies in this industry do not appear to compete against each other for customer's monies.
While this is not a huge list or particularly damning it shows that there have been issues:
http://www.competitionbureau.gc.ca/e...eng/00235.html
I always find it interesting when someone throws their toys whenever the O & G industry is mentioned.