Few heed call to cut gas prices (Atl JC)(greed at the retail level)

[ovidsen]

This is just pathetic. To mitigate the pain of rising gasoline prices, Georgia Governor Sonny Perdue implemented a month long moratorium on the state's gasoline tax (around $0.15 a gallon) that began Friday. Have gasoline stations reduced their prices? Nope. Seems the greed in the oil business stretches from top to bottom.

Few heed call to cut gas prices
Drop in prices awaits cost of stations' next delivery

By JAMES SALZER, HENRY FARBER
The Atlanta Journal-Constitution
Published on: 09/04/05

Atlanta area gas stations fortunate enough to have fuel were still charging more than $3 a gallon Saturday, a day after Gov. Sonny Perdue tried to temper prices by suspending state gas taxes.

Spot checks suggested few stations had dropped prices in response to the governor's emergency order suspending the taxes through September. The taxes amount to 15 cents per gallon.

http://www.ajc.com/business/content/business/0905/04katgas.html

(You may have to use http://bugmenot.com to read the whole thing.)

[napi21]

1. WE here in the Atlanta area suspected that was going to happen.

From the first announcement, we said, all this will do is increase the retailer's profits!

Either that was Sonny'e intent all along, or he foolishly failed to add to his suspension that all savings MUST be passed on to the consumer!

[Wilber_Stool]

2. Here's an interesting bit from James Ridgeway

on gas prices:

http://villagevoice.com/news/0536,ridgewaycolu,67514,2.html

[ovidsen]

3. There are no heroes in the oil business

Just villains. Thanks for the link. These guys are equal opportunity exploiters.

[chunkstyle]

4. Saw this on local news around the time that shortages were announced

These stations are in upstate South Carolina, and I'm in Western North Carolina, so they're a bit far out of my way.

http://www.spinxco.com/

I saw their CEO on the news say that their prices would be capped until the shortage is over.

[Flaxbee]

5. In Dillard, Georgia on the NC/GA border...gas is $2.64

There's a Chevron (I think, I don't pay much attention unless it's a Citgo or Lukoil) that is holding its prices at $2.64. $2.74 & etc..

I was stunned. Drove by yesterday and wondered why the lines were soooo long since all the other stations in the area are in the $3 (except another Chevron at $2.99) until I saw their prices.

Don't really like Chevron, but if the station owners are decent people, more power to them.

[jmowreader]

9. You mean SC/GA border, right?

[Boredtodeath]

11. No, Dillard is on NC/GA border

Not the South Carolina border.

Near Raburn, GA where they filmed Deliverance.

[Tempest]

6. I predicted this

Go back and look for my post on the day Perdue suspended the gas tax.

I knew the gas companies would comply and would continue to gouge consumers.

[Shadder]

7. Just cam back from the grocery store

We passed 5 stations in Norcross / Duluth of which 3 were out of gas, 2 were at $3.09 for regular and one was at $3.49 for regular

[sarcasmo]

8. Wait until the oil company profit reports come out. Do you think they will

donate any money? Exxon, Shell, Mobil? Hugo Chavez comapny Citgo did and no other major oil company has. I will only buy my fuel from Citgo.

[Sgent]

10. A better move...

a station may charge no more than 0.25/gallon more than their wholesale price for one month. Wholesale price must be supported by reciept.

Then you can go after the half dozen wholesalers instead of upteen million gas stations.

[420inTN]

12. The Cheapest I've seen here is at Sam's Club...

$2.86 a gallon.

[JABBS]

13. What Bush should do

Read this posting.