Over the Memorial Day holiday weekend I noticed store after store advertising sales and car dealers offering generous incentives for their products. However, one industry traditionally raises prices to take advantage of the holiday activity. It uses existing stocks and simply boosts the retail price “because it can,” and no one is going to do anything about it.
I have no problem with a company making a reasonable profit, and I have no problem with a company raising its prices to cover increased expenses. But I do have a problem with companies that raise their prices “because they can.”
Our area ranks it the top 10 percent of the highest gas prices in the nation. And in the Puyallup area, I suspect we probably rate higher than that. Chevron and Shell were at $4.31 for a regular gallon this weekend, and why is that? Increasing demand and decreasing availability: In other words, the market is driving the cost of gas in our location.
In the past we always bitterly blamed Middle Eastern countries for the rise in gas prices. But the people moving gas prices skyward today aren’t shouting anti-American slogans; it’s American business at its best. ‘