Gas price jumps make little sense
To the editor:
I have a question.
Three days ago, we were going to Fort Myers, driving on College Parkway. We noticed the price of gasoline at $2.49.9
In an hour and a half, on our way back, the price had jumped to $2.69.9 at the same station.
As we neared home, I filled our gasoline tank at the price of $2.49.9.
Yesterday, every gasoline outlet was reflecting a price of $2.69.9
How is it that every station raises their prices on the same day, to the same price?
Are there not laws on price fixing? How about the old Anti-Trust laws, have they been set aside?
In Canada, gasoline pricing was common place as the Canadian government was heavily into the control of prices, as a very large percentage of their yearly income was generated at the pump.
That said, here in the States, our gasoline tax is pretty well established. Price variation has little to no impact on the federal Government’s income.
So, my question.
How is it that everyone raises their prices on the same day, to the same price level. Is this legal?
Are you and I being taken advantage of?
I just can’t swallow competition, free market and coincidence when all prices are the very same, at the very same time.
Can anyone enlighten me?
Tony Silvain
Cape Coral