IN new jersey: the buck stops here
 

saw a video with the attourney general for new jersey

he's saying that under new jersey law gas stations can

only raise their price once in a 24 hour period...anyone

found doing it more than that is breaking the law.

contact his office if you see it being done...

he is busting the price gougers....yay....
click the link below the gas price sign ...to view it

http://money.cnn.com/2005/09/29/news...ex.htm?cnn=yes

all the people that work at the gas stations in jersey are too busy actually pumping the gas, anyways. ive gotten yelled at so many times for forgetting and starting to pump my own, as if its criminal. arm waving and everything. whoops! there doesnt seem to be a huge price-changing problem in my area. just the whole steadily going up again thing thats the issue.

I think I remember you bought a house in Hanover, no self service in Hanover, against a town bylaw passed in the early sixtys.

Pete

Ya good luck enforcin it.A few weeks ago around the aftermath of Katrina i know i saw prices change more than once in the day.the jumps where to big i guess they figured go ahead an fine us where not gonna loose money.

I work at a gas station and during the days after katrina when the prices were going ape poo some state official stopped in to check our prices. He came back about a half hour later and was pretty pissed that the prices went up without a delivery, wanted to know how the gas in the ground suddenly became more expensive. He talked with the corporate office but i never heard what happened. Price gouging is a hard thing to prosecute. When you have three gas stations within a mile or two and they all raise prices they are not "gouging" because it still creates equal competition. If one of the three raises them big time it may seem that they are gouging but they will just lose business. There is a point when it does become gouging, but that would depend on the size of the increase, then its a judgement call on when it actually becomes gouging. I am by no means defending the price screwing we ae taking on a daily basis.

Yeah, I've never quite understood price gouging when it comes to gas either, at least at the retail level. It's still a supply and demand situation and of course this is a free market.

Higher up the chain is where the gouging really takes place, I think.

The owner of Mobil #1, Hussein calls his brother in-law Hamid the owner of Mobil #2 who then calls the owner of Mobil #3, Mr. White and they all agree to raise the price.
It will not appear to be price gouging because they all agree so as not to be obvious to the state inspectors.

Doesn't that constitute price fixing?