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re: Gas shortages and price gouging
Posted on 9/18/16 at 7:34 pm to PatDyesPants
Posted on 9/18/16 at 7:34 pm to PatDyesPants
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.
1
Posted on 9/18/16 at 7:37 pm to fisherbm1112
quote:
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.
Thanks.
So I assume that if said hypothetical gas station posted gas for sale for $7 / gallon the public wouldn't accuse the station of price gouging?
Would this scenario even be legal under existing price gouging laws?
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