Who says we don’t have price control? “Gas station owner told to raise prices” (Thanks CJ)
Source link: http://blog.mises.org/6610/gas-station-forced-to-raise-prices/
Gas Station forced to raise prices
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“But the state Department of Agriculture, Trade, and Consumer Protection says those deals violate Wisconsin’s Unfair Sales Act, which requires stations to sell gas for about 9.2 percent more than the wholesale price.”
George Orwell, call your office.
I sure wish our neo-socialist overlords would get their story straight…are profits from selling oil (refined or not) good or bad?
(I know this is really the outworking of a corporate/statist/protectionist lobby for gas retailers…but still…the tangled web we weave when at first we practice to intervene in the private transactions of others.)
This post is related to an earlier post on this blog regarding Uncle Sam forcing a dairy farmer to stop selling milk for less than the Federally mandated price:
The federal milk marketing program requires most milk producers and handlers to set minimum prices on their products and to pool their revenues. It also tries to balance the supply and demand of milk and milk products, which can vary widely from day to day.
Whether that’s actually true, or the milk marketing program is even needed, is debatable, as Hettinga’s success shows. The new law would, in effect, require Hettinga to pay his competitors to stay in business.
Keep in mind WI is the state where our governor wants to assess refiners an extra 2% that they can’t pass on to the consumer. It is also the state that forced everyone in the chain to submit their records to the Attorney General when the prices spiked a year or so ago.
The governor goes on about how he is trying to protect the little guy, yet the state gets $.329 for every gallon sold. I work for a fuel wholesaler, we make $.005 to $.01 per gallon. For the actual dealer, it may be that or less, for many the gas is the loss leader to get people in who will buy the $6 boxes of cereal or soda that is marked up pretty high. The only people who make out are the refiners and the government. And when the government proposes to take more from the refiners that they can’t pass on, supply will certainly dip (when the supply is low for whatever reason) and so the price will increase at the pump anyway, the consumer gets nothing.
Yet it is tossed out like the State is looking out for Joe Average. Those thugs could give a rip, they just use it as an excuse to take more for themselves. I really is sickening. I doubt the governor could balance his own check book much less try and dictate when prices are too high or too low.
I couldn’t agree more with everyone’s comments thus far. This is naked, raw, pure, unadulterated statism.
Gas station owner told to raise prices
“I wonder if this is what the founding fathers had in mind? Surely, this can not be good for consumers, in spite of the ironically named “Department of Agriculture, Trade and Consumer Protection”"
http://amateureconblog.blogspot.com/2007/05/gas-station-owner-told-to-raise-prices.html
I found this gem in the online version of Mises’s Omnipotent Government outlining Nazi economics page 222:
1. Capitalism is an unfair system of exploitation. It injures the immense majority for the benefit of a small minority. Private ownership of the means of production hinders the full utilization of natural resources and of technical improvements. Profits and interest are tributes which the masses are forced to pay to a class of idle parasites. Capitalism is the cause of poverty and must result in war.
2. It is therefore the foremost duty of popular government to substitute government control of business for the management of capitalists and
entrepreneurs.
3. Price ceilings and minimum wage rates, whether directly enforced by the administration or indirectly by giving a free hand to trade-unions, are an adequate means for improving the lot of the consumers and permanently raising the standard of living of all wage earners. They are steps on the way toward entirely emancipating the masses (by the final establishment of socialism) from the yoke of capital. (We may note incidentally that Marx in his later years violently opposed these propositions. Present-day Marxism, however, endorses them fully.)
4. Easy money policy, i.e., credit expansion, is a useful method of lightening the burdens imposed by capital upon the masses and making a country more prosperous. It has nothing to do with the periodical recurrence of economic depression. Economic crises are an evil inherent in unhampered
capitalism.
5. All those who deny the foregoing statements and assert that capitalism best serves the masses and that the only effective method of permanently improving the economic conditions of all strata of society is progressive accumulation of new capital are ill-intentioned narrow-minded
apologists of the selfish class interests of the exploiters. A return to laissez faire, free trade, the gold standard, and economic freedom is out of the question. Mankind will fortunately never go back to the ideas and policies of
the nineteenth century and the Victorian age. (Let us note incidentally that both Marxism and trade-unionism have the fairest claim to the epithets “nineteenth-century†and “Victorian.â€)
6. The advantage derived from foreign trade lies exclusively in exporting. Imports are bad and should be prevented as much as possible. The happiest situation in which a nation can find itself is where it need not depend on any
imports from abroad. (The “progressives,†it is true, are not enthusiastic about this dogma and sometimes even reject it as a nationalist error;
however, their political acts are thoroughly dictated by it.)
Sound familiar?
I am so tired of these high gas prices and they seem to continue to climb. I heard on the news the other day that they are expecting gas prices to top four dollars this summer. So I did a Google search for a gas price saver and this article popped up. I did some research and this product is phenomenal, even the Government is implementing it and with Global Warming and the race to cut emissions their timing is perfect. I copied the article for you to see for yourself and I also took the liberty of embedding the link so you could confirm the link. Do me a favor and once you have researched it pass it on to all your friends and family. I have already ordered a bottle. You can go on their website and order it directly and have it delivered to your door. Just thought you should know, finally, a product that does what it says.
Gas Saver Product comes to the rescue in cutting your Gas Price at the Pump. Reducing Air Pollution while improving the Environment and the Effects of Global Warming
http://www.free-press-release.com/news/200705/1179195188.html
Boycotting gas pumps is not enough. We all gotta have gas. And they know it. To get their attention, we should boycott everything else they sell – beer, milk, sandwiches, etc. There are plenty of places to buy these “extras”. Then they will feel it. Lets make it last until prices drop significantly, say to $2 per gallon. Or December, whichever comes first. Make it really hurt. Thanks.
The for asked for and intelligent comment / response? Ok Here it is . Save America Save Gas ! http://www.sonomabuzz.com Always Always buy at the cheap Station and force companies to compete on the price point.
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