My mom mentioned a news story this evening about price gouging. She says the state attorney general got 22,000 emails about gas stations price gouging in SC last weekend and issued 1200 warrants over it so far.
I'm not sure I like the government getting this involved in market prices. We're as tight financially as the next family, but if we invite the government to regulate market prices in the gas industry, what's to stop them from coming to real estate commissions or commodities exchange prices or the price of a gallon of paint next? The SC public helped create the price spike by getting in line for gasoline late last week. I had to buy $10 worth Friday because I was out and it was time to buy gas, but I refused to fill up during that crunch! I decided we'd stay home all weekend and play in the woods, rather than fuel the fire. I haven't been back yet, but it's getting close to have to again.
What do you all think? Should we ask the government for help in this (and every other roadbump we face)?
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