Gas shortages and price gouging

Gouging would be taking advantage of a situation. So instead of keeping the same margin you would make multiple dollars a gallon instead of cents.

Can we get some pictures of these high gas prices? i have been hearing about it but have yet to see. Nothing has changed here in jax .

1. 88$ here.

My friends in NC cant get gas cuz of the panic induced by idiots

Im in the gas station business and I dont see how "price gouging" even exists. Some locations demand more than others. I have one location I make nearly 50 cents a gallon on, in a super prime location and then I have locations I lose money per gallon(in poor areas) to drive traffic into the store. There isn't a set margin these stores make so one could say I gouge at my high traffic high dollar location as well but its not gouging bc nobody is putting a gun to your head and making you fill up. Is it price gouging that $250 lobsters exist at certain dinner establishments? Nobody is forcing you to eat there. You can sit without gas for a few days until markets normalize if you so choose.

If someone is charging too much for gas then dont fill up, its their right to make whatever they wanna make.They're the ones risking big dollars opening these stores. If they know they're gonna be out of gas for a few days, then its prudent to try and make multiple days of profits with the load you have left.

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, but needed to charge $7 / gallon to cover the cost,

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no

gouging is when you are paying normal prices and jack up the price when a hurricane is coming and you know people will just have to pay it

Price gouging is probably good for the market overall as it prevents hoarding.

stations busted all over Metro Atlanta trying to charge $3.99 and up

paid 2.11 in Woodstock this morning at Sams

Nope cost of doing business