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Re: Fuel shortage

To: JACranwell@cs.com
Subject: Re: Fuel shortage
From: Steve Laifman <Laifman@flash.net>
Date: Thu, 14 Sep 2000 07:48:43 -0700
JACranwell@cs.com wrote:

> It would be interesting to see the sort of revolt you'd have in the US,
> should your price get to +/- $5/gallon, which is roughly what it is over here
> right now. Some crazies have been paying $20/gallon in the frenzy to find
> fuel the last few days.
>
> Regards,
>
> Julian Cranwell

Julian,

It's already happened when gas prices neared $1.85/gal in the midwest.  They
were furious and their elected representatives got moving. Investigations of
price fixing, gouging, bills to stop state taxes, etc.  Don't know if anything
ever happened, though.  They concluded it wasn't price fixing collusion, as the
shortages in supply were real.  Don't know if the state ever did roll back their
tax. Crude prices remain high. And the politicians are still talking.  They know
how to do that best.

Steve



--
Steve Laifman         < Find out what is most     >
B9472289              < important in your life    >
                      < and don't let it get away!>

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