Comments on: It’s Illegal To Charge Too Little For Gasoline http://www.commonfolkusingcommonsense.com/2006/11/27/its-illegal-to-charge-too-little-for-gasoline/ My rantings and ravings in this interesting world. Fri, 24 Dec 2010 22:41:46 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: smithers http://www.commonfolkusingcommonsense.com/2006/11/27/its-illegal-to-charge-too-little-for-gasoline/comment-page-1/#comment-1955 smithers Wed, 29 Nov 2006 16:11:09 +0000 http://www.commonfolkusingcommonsense.com/?p=550#comment-1955 Does the law prohibit selling gasoline at a loss? Should it? Sometimes it's good business to take a loss on one product -- isn't that what retailers call a "loss leader"? Still, as an American, I hate to see petroleum used that way, when every gallon puts money in the pocket of the likes of Hugo Chavez and the Arabs. Don't forget that three Americans die every week for that oil! Why can't King Sooper's use American products as a loss leader? I'm torn between libertarianism and patriotism. Does the law prohibit selling gasoline at a loss? Should it? Sometimes it’s good business to take a loss on one product — isn’t that what retailers call a “loss leader”? Still, as an American, I hate to see petroleum used that way, when every gallon puts money in the pocket of the likes of Hugo Chavez and the Arabs. Don’t forget that three Americans die every week for that oil! Why can’t King Sooper’s use American products as a loss leader?

I’m torn between libertarianism and patriotism.

]]> By: Pierres Service » Blog Archive » It?s Illegal To Charge Too Little For Gasoline http://www.commonfolkusingcommonsense.com/2006/11/27/its-illegal-to-charge-too-little-for-gasoline/comment-page-1/#comment-1902 Pierres Service » Blog Archive » It?s Illegal To Charge Too Little For Gasoline Tue, 28 Nov 2006 20:36:19 +0000 http://www.commonfolkusingcommonsense.com/?p=550#comment-1902 [...] The jury found the big stores had violated Colorado?s Unfair Practices Act, illegally selling gas below cost. Yes, King Soopers was selling gasoline too cheap. It?s illegal. So let?s quickly review an old economics adage: Charge too …Read more: here [...] [...] The jury found the big stores had violated Colorado?s Unfair Practices Act, illegally selling gas below cost. Yes, King Soopers was selling gasoline too cheap. It?s illegal. So let?s quickly review an old economics adage: Charge too …Read more: here [...]

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