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Old 03-19-2013, 09:30 PM  
Gozarian
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Join Date: Jun 2012
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Your good intentions remind of how the government reacted to gas prices in NY after Hurricane Sandy. Demand for gas shot through the roof, and supply was limited, so local merchants attempted to raise prices. However, the government couldn't stand the sight of $8 gasoline, so they stepped in and forced them to keep it below $4 a gallon. The result was that gas stations ran out of gasoline almost immediately. The underlying reality of gasoline's supply and demand was changed when that hurricane hit. Gas cost $4 a gallon when demand was lower and there was no hurricane to disrupt supply. The entire reality of the situation changed, so why shouldn't the price reflect that change? The well-meaning politicians caused a very predictable consequence of shortages. Before, anyone could buy gasoline for $8, but after the law, NO ONE could buy gas. Who cares how low the price is, if there is no gas to buy!!!
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