Mar 052011
 

FACE TO FACE: Gas prices go up and down in lockstep – is collusion the reason?

It’s easy to imagine inflexible class warriors such as my debating partner using crayons to do their economic ’rithmetic. Got a difficult business problem to work out? Forget the calculator! They think they can figure out the toughest questions with the crudest tools possible, in no small part because they already know the answer: Big Business is always to blame.

And so it is that my colleague ignores the facts, ignores countless studies and ignores common sense when he predictably claims gasoline companies are gouging consumers. click here for the full debate in the Tri-City News.

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