Gas Price Gouging? Maybe Not…
Gas
(Image used under: Creative Commons 2.0 [SRC])
For a friend, we aren't being price gouged says at least one consumer group:
In a past life we were asked to prove that local gas stations were price gouging New York City residents. We knew this to be false, and found the proof we needed in a meticulously researched report from the Senate Permanent Subcommittee on Investigations.
And more importantly:
Despite popular misconceptions, price gouging almost never occurs as prices rise. Instead, price gouging occurs when dealers keep prices artificially high in order to gain a little extra profit or recoup costs, even though the DTW price has declined.Which means that a fairly good sign that you're not being gouged is when the prices are going up.
Tags: Price Gouging, Scams - Ripoffs - Dirty Tricks