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Author: saintjadee Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 766  
Subject: Re: High Gas Prices! GOUGING?? Date: 6/7/2006 9:10 AM
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Local gasoline distributors and local gas stations, yes, they can.

This is an old thread I know but I felt the need to respond.

Actually it's been pretty well shown that gouging by your local dealer is pretty difficult unless you have a Katrina type situation and then it's pretty obvious and they get bagged after. Politicians rely on reactionary views like yours to go on witch hunts and photo opps that make them look like their effective when they know there's not a real problem at the pump or the distributor or even mean ole mega-behemoth oil companies. The problem is in Iran, Nigeria, Saudi Arabia etc. and with our dependence on oil in general and foreign oil in particular.

Where the actual dials are being turned down is in the mosques of Tehran and the board rooms of OPEC. We as a Nation and need to invest heavily in alternative energy and not reduce the focus when the oil producers open the taps in an effort to distract us and gas falls back again. Relieving this dependency should be looked at like the effort to reach the moon, the investment would pay off for generations to come. Fusion might still be the stuff of science fiction but there are many other areas that show promise and require but a fraction invested of what they might yield.

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