Gasoline Price Free Fall: Gas Now At $2.89 in Michigan and $2.62 in Missouri. Predatory Pricing?
Link for Michigan.
Link for Missouri.
Are gas stations now guilty of predatory pricing? Are speculators now guilty of driving oil and gas prices down?
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Wednesday, October 08, 2008
Link for Missouri.
Are gas stations now guilty of predatory pricing? Are speculators now guilty of driving oil and gas prices down?
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
Previous Posts
- A Couple of Great Letters From FreeMarket Politics
- Markets In Everything: Cars for Women in Iran
- Inverse Relationship
- Let's Be Energy Independent. NOT
- Lessons from the Bailout
- Causes of the Mortgage Meltdown
- Commercial and Industrial Loans Set New Record
- Carpe Diem Moves Up to #11 on Gongol
- Pumpkin Shortages and Scary Price Gougers?
- Gas Below $3 All Over The Midwest, $2.68 in Texas
5 Comments:
No, schizophrenic pricing.
I'm glad you take credit for everything that remotely could be seen as a victory for your philosophy, while it seems like you ignore anything that shows laissez-faire economies to be, like marxism and most other philosophies, better on paper than in an interconnected world.
$4+ in Atlanta.
What free fall?
$3.57 in S. calif for regular octane.
eric,
You have pipeline issues and gulf production issues affecting availibility and therefore pricing of gas in your area and on up through Tennessee.
matt,
You just have issues.
Fred,
Take a look at this:
http://www.gasbuddy.com/gb_gastemperaturemap.aspx
Why is the gulf/pipeline a problem only for GA & NC?
(I'm in TN BTW - RUG was $5+ two weeks ago, I escaped to VA for the week).
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