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Huntsman says state to monitor gas prices
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This is just another PR attempt by the governor to make us think he feels and understands our pain.
Every time a governor or attorney general has "threatened" to take action, it comes back the same thing; "Sorry, we can't find anything wrong. No laws have been broken. Just sit back and take the gouging."
Same stuff on a different day from a different governor. I'm looking for Shurtleff to weigh in again like his predecessors and say there is nothing he can do either except put the gas companies on notice he too is "watching." I'm sure the companies are quaking in their boots.
This seems to be the only product where producers get yelled at for charging what the market will bear. If I had a store, I would charge as much as possible to make as much money as possible. Isn't that the point? If people didn't like it, they wouldn't pay my prices and I would go out of business or be forced to lower prices. Econ 101 stuff here.
Walk, ride your bike, take the bus, stay home, or pay what it costs. Why would someone lower their price if you are willing to pay current prices?
Phew....that was a close one!
A second issue is ethics. Economists are notorious for not addressing ethics (or the lack thereof) as it pertains to prices. A classic anecdote is the cost of a snow shovel in a blizzard where you are the only store with snow shovels. What would you do with the price? You have already answered the question.
I do agree that the only way to fix the problem is not buy fuel. The governor�s office is going to do anything and most government agencies don�t have the power to. There are some alternatives which you do discuss but for the most part they are neither realistic nor long-term as a whole. I would love the government to cut to the chase and address the true underlying issues. Rather they will continue to adhere to the marketing spin of �we are monitoring the situation.� Yeah, whatever.
1. A secret agreement and cooperation for a fraudulent or deceitful purpose; a playing into each other's hands; deceit; fraud; cunning.
2. (Law) An agreement between two or more persons to defraud a person of his rights, by the forms of law, or to obtain an object forbidden by law.
When he first ran for office four years ago, during a press conference on the hill overlooking the state prison, he "suggested" that the state should consider moving the prison away from Salt Lake County. After the election, a small study was done and revealed what everyone already knew: the move would cost a lot of money. So we haven't heard from him since about this particular suggestion.
Then, after the legislature dismissed in April, he "suggested" that Utah's liquor laws might require review at the next legislature. He didn't suggest this while the legislature was in session, nor did he do so at any time prior to this year. The legislature will not meet again until after the coming election.
Now, again, he makes an empty statement about what many consider the issue of the day: gasoline prices. Again, the suggestion comes without any specifics.
There is a pattern here.
I am a former Utahn with lots of famaily in the state but now live in the mountains in colorado - about 90 miles west of Denven on I-70.
Two weeks ago I was in North Carolina and I bought gas there for $3.86 for regular. I flew that day into the Denver airport and bought gas for $3.89 before driving home.
I got home to the Breckenridge area and gas was $4.03 and still is $3.97.
In Denver you can now buy it for $3.74 - why is there a 25 cent per gallon difference.
Now to make all from Utah & Colorado really P.Oed - yesterday my son drove to Colorado and in St. Louis he paid $3.43 for regular.
It is crazy......
What a joke. A real governor would take immediate action. Instead he sits on the sidelines chatting with his buddies...at the game so it looks like he is engaged, but not paying any attention at all.
Take some action smilin' jon for once.
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