Wednesday, May 24, 2006

The Bullshit Behind Gas Prices

Joseph Rhee reports on the ABC News "The Blotter":

The Connecticut Attorney General is pushing to end a secret oil industry policy used to set gasoline prices based on neighborhood zones.

"It targets the more affluent who can pay more, and it targets people who live in the inner city, because big oil thinks they won't shop around," Attorney General Richard Blumenthal told ABC News' Brian Ross.

The Attorney General said the system prevents gas station dealers from lowering their prices, even if they want to.

More here.

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