Menace of gasoline underpricing averted again

Great moments in economic regulation, cont’d: now it’s Maryland that’s cracking down on service stations for the sin of pricing gasoline too cheaply. (Justin Blum, “Maryland Hits Brakes on Fleeting Gasoline Price War”, Washington Post, May 6). For an example from Minnesota, see Jun. 5, 2004.

Great moments in economic regulation, cont’d: now it’s Maryland that’s cracking down on service stations for the sin of pricing gasoline too cheaply. (Justin Blum, “Maryland Hits Brakes on Fleeting Gasoline Price War”, Washington Post, May 6). For an example from Minnesota, see Jun. 5, 2004.

5 Comments

  • gas pain?

    Back in April, a pretty CNN newsreader said viewers who’ve been having trouble paying to fill their gas tank should stay tuned for some tips on how to cope.

  • Protecting the Consumers from Low Gas Prices

    Decades ago, anti-trust regulation abandoned any pretense that its goal was protecting consumers.

  • Protecting the Consumers from Low Gas Prices

    Decades ago, anti-trust regulation abandoned any pretense that its goal was protecting consumers.

  • Protecting the Consumers from Low Gas Prices

    Decades ago, anti-trust regulation abandoned any pretense that its goal was protecting consumers.

  • “Midwest Oil fined for selling gas too cheaply”

    Yep, it’s happened again: “The Minnesota Commerce Department on Thursday announced plans to fine a gas station chain $140,000 for repeatedly selling gas below the state’s legal minimum price.” (Tom Ford, Minneapolis Star-Tribune, Feb. 24)….