[Winona Online Democracy] John,
I predict it to get higher as well. (I defend the decisions, but my pocket book does still fight me tooth and nail) :) As for minimum pricing: State laws on minimum pricing, as in effect in Wisconsin, often have the same effect as pricing regulation had during the Nixon Oil Embargo days. That is to say, the street price will almost always be at the maximum allowable price. Currently, that means a margin of about $0.17 per gallon, but it also means they're only earning about $0.06 when the price is near $1.00. There are several station owners in Wisconsin using the currently inflated margins to finally pay off some principle on their Line of Credit loans. Minimum pricing laws have traditionally been enacted because the usually powerful lobbying of the retailers associations brought to light the fact that the Wal Marts of the world were street pricing at levels below the retailers' costs. Small businesses couldn't compete. -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of john finn Sent: Wednesday, August 31, 2005 6:12 AM To: [email protected] Subject: [Winona] Price of gas Importance: Low [Winona Online Democracy] _______________________________________________ This message was posted to Winona Online Democracy All messages must be signed by the senders actual name. No commercial solicitations are allowed on this list. To manage your subscription or view the message archives, please visit http://mapnp.mnforum.org/mailman/listinfo/winona Any problems or suggestions can be directed to mailto:[EMAIL PROTECTED] If you want help on how to contact elected officials, go to the Contact page at http://www.winonaonlinedemocracy.org
