Gouged

As of Saturday the national average gasoline price was $2.59 at the pump, up 23 cents in just six days.

A week and a day ago, I paid $2.329 in Swanton, VT, on the last Saturday in August. I paid $2.559 in Swanton, VT, on Thursday and the price had jumped to $2.799 there by Saturday.

2008 Gas SignI tweeted Leaving the land of $3.94 gas! as I drove over the bridge into Vermont from New York State in 2013.
I drove 1,700 miles up the East Coast in 2014. I haven’t heard a peep from any of the usual suspects about the prices and there was no ineffectual Internet gas boycott. The House approved stiff gas-gouging penalties in 2007 but prices are higher than ever.
I drove the east coast in 2015. The cheapest gas I saw was in South Carolina.
Vermont’s gasoline price-fixing lawsuit grinds toward a jury trial this fall.

A lawsuit against Vermont gasoline distributors R.L. Vallee, SB Collins, Champlain Farms, and Champlain Oil Company alleges price-fixing to the tune of more than $100 million in improper profits. R.L. Vallee was founded in 1942 and is based in St. Albans, Vermont. SB Collins was founded in 1942 and is based in St. Albans, Vermont. Looks like the distributors have just added more fuel to the fire. The national average price is up 23 cents at the pump but these guys have more than doubled that.

Gas prices in Swanton, Vermont
are up 47 cents/gallon in a week.

Oh, I know the argument that some Texas refineries are down and a pipeline has slowed deliveries. Horse puckey. Some refineries and infrastructure are always down, usually for maintenance but sometimes like now for other reasons.

I have thought the world of Skip Vallee. He’s a nice fellow and good businessman who has banked a huge reserve of community spirit. That bank of good feelings is overdrawn. Mr. Vallee, Mr. Jolley, et al have an alleged history of overcharging Vermonters, particularly in the northwestern corner of the state and it appears they have a new excuse to do so.

It isn’t a very good excuse.

 

One thought on “Gouged

  1. Thanks, to “Harvey” gas prices surge in the Keys. “So far in Florida is the average [per gallon] has gone up 10 cents since Friday the 25th to $2.40,” AAA reported Saturday.

    In the Keys, stations up and down the islands on Saturday were around $2.58/gallon. That’s with 10 Gulf Coast oil refineries shut down and the Colonial gasoline pipeline in Houston which provides 40% of the South’s gasoline offline. Most of the flooding has washed out and some of the refineries are already powering back up.

    Huh. $2.58 there. $2.80 here. Imagine that.

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