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Connecticut Considers Voiding Law of Supply and Demand

While I won’t jump on the meme that the feds have turned socialist, I can’t help but wonder if there isn’t a Connecticut state legislator by the name of Karl Marx.  From the Greenwich Time:

A Connecticut legislative committee has endorsed a proposal to prohibit fuel distributors from charging varying amounts to gas stations based on their location.

The practice, known as zone pricing, has been criticized by lawmakers for the past several years as unfair to drivers and gas stations.

They say it inflates wholesale gas prices in wealthy areas, putting those dealers at a disadvantage and hurting consumers.

Distributors say zone pricing lets them respond quickly to local competition because they can immediately cut their prices to match those of nearby stations with lower wholesale prices.

Well, I suppose if this comes to pass…and if Massachusetts’ proposed 19¢/gallon tax hike goes through…this would at least put an end to the time-honored practice of traveling miles just to save a few cents a gallon.

At least the state hasn’t tried legislating the price of gas…yet.

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