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mercuryblues

(15,320 posts)
1. Lucky you.
Wed Feb 19, 2020, 08:55 AM
Feb 2020

99% of my local gas stations are owned by the same family. They also own the oil company that supplies them. As a result they are usually 20 cents higher than the one 10 miles further away.

I LMAO when my youngest was learning about monopolies. The teacher asked the students for examples. He said the xyz gas stations in town. The teacher did not know they were all owned by the same family, and tried to discount it. Luckily I had just had this convo w him about why our gas stations are more expensive and how they block all competitors from getting permits to build a new station. Then they build a new station in the spot. Yeah my kid got an A+ that day.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Lucky you. mercuryblues Feb 2020 #1
I worked for an accountant cyclonefence Feb 2020 #2
West Jefferson (Rt 40) Certified had $1.25 gasoline today 4/13! Backseat Driver Apr 2020 #3
Thanks for the heads up. Kacy Sep 2020 #4
Latest Discussions»Support Forums»Frugal and Energy Efficient Living»Oil companies out smarted...»Reply #1