I’ve seen some upward movement in the pump price along my morning commute in Raleigh. Background: yesterday the low price in SE Raleigh was $2.50/gal. This morning it was $2.49/gal. All of these prices refer to the per-gallon pump price of regular unleaded along the same two-block stretch of South Saunders Street.
Now, the Kangaroo/BP remains at $2.49. Amoco, Hess and Raceway have all risen six cents a gallon to $2.55. Across the street from the Raceway, Exxon’s price is $2.79. That’s a 30-cent-per-gallon variance in price that occurs in the space of two blocks. And there were cars at the Exxon pumps.
This question is for “liberals”: Should Exxon sue Kangaroo/BP, Raceway, Amoco and Hess for unfair competition, or should the Exxon consumers sue Exxon for price-gouging?
