To the People

The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or TO THE PEOPLE.

Wednesday, May 09, 2007

New Wisconsin Motto: "Don't You Be Lowering Your Gas Prices, You Hear"

I respectfully suggest that the folks at [pick your lefty think tank or magazine] stick this in their regulatory pipe and smoke it.
A service station that offered discounted gas to senior citizens and people supporting youth sports has been ordered by the state to raise its prices. Center City BP owner Raj Bhandari has been offering senior citizens a 2 cent per gallon price break and discount cards that let sports boosters pay 3 cents less per gallon.

But the state Department of Agriculture, Trade and Consumer Protection says those deals are too good: They violate Wisconsin's Unfair Sales Act, which requires stations to sell gas for about 9.2 percent more than the wholesale price.
Ah, the regulatory state. Protecting business interests since 1920.

On a related note, if cutting retail gas prices by just a few cents translates into charging less than 9.2% over the wholesale price then gas stations really are not making that much money. Someone should tell all the Democrats who want to throw gas station owners in jail for "price gouging".

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