vision2020
the Tao of gas prices
If total rev. to gas station owners is lower w/ higher prices, there would
be little incentive to maintain higher prices.
Sometimes life is ironic.
Steve
-----Original Message-----
From: WMSteed@aol.com [mailto:WMSteed@aol.com]
Sent: Tuesday, October 05, 1999 9:16 AM
To: scooke@uidaho.edu; whbeebe@turbonet.com
Cc: vision2020@moscow.com
Subject: Re: RE: Gas Prices
In a message dated 10/5/99 8:42:22 AM, scooke@uidaho.edu writes:
<< If gas demand is this responsive to a decrease in price, total revenue
will
increase to gas station owners who lower their price.
The problem of higher gas prices should then be self-correcting. >>
Unless they are held artificially high by all stations or their suppliers in
a community (read Moscow).
Back to TOC