Comments on: More on the FTC and Western New York Gasoline prices http://knowledgeproblem.com/2009/07/14/more-on-the-ftc-and-western-new-york-gasoline-prices/ Commentary on Economics, Information and Human Action Mon, 21 May 2012 15:20:05 +0000 hourly 1 http://wordpress.com/ By: FTC finds no evidence of illegal activity after investigation of Western New York gasoline prices « Knowledge Problem http://knowledgeproblem.com/2009/07/14/more-on-the-ftc-and-western-new-york-gasoline-prices/#comment-8867 Tue, 21 Jul 2009 19:03:58 +0000 http://knowledgeproblem.com/?p=4981#comment-8867 [...] Apparently you just have to know who to ask. Yesterday, the FTC sent me a copy of the FTC letter to Representative Brian Higgins describing the agency’s investigation of Western New York gasoline prices last fall. (For background see this earlier post and here.) [...]

]]> By: Dano http://knowledgeproblem.com/2009/07/14/more-on-the-ftc-and-western-new-york-gasoline-prices/#comment-8800 Thu, 16 Jul 2009 02:11:38 +0000 http://knowledgeproblem.com/?p=4981#comment-8800 As someone that lives in Western New York the Congressman who initiated the investigation publicized the findings and the local news outlets reported it. Of course the angle of his press release and the reporting was that there must be collusion even if the FTC couldn’t prove it.

His press release announcing that he had asked the FTC to investigates stated that taxes don’t explain why are prices are higher here. Even though gasoline taxes are higher in NY than the neighboring states and the national average.

The congressman is a Democrat but to pick on both parties, the county legislator also expressed concerns about potential price gouging. A republican on the legislator commented that disposable income is going down here and no one knows why — blaming high gasoline prices for the decline. He didn’t realize disposable income is income after tax.

]]> By: Michael Giberson http://knowledgeproblem.com/2009/07/14/more-on-the-ftc-and-western-new-york-gasoline-prices/#comment-8796 Wed, 15 Jul 2009 04:13:37 +0000 http://knowledgeproblem.com/?p=4981#comment-8796 I’m looking forward to seeing this evidence, that’s one reason I’d like to see the report. (Plus I have a research effort going that involves New York gasoline prices, so I’d like to see what data and results they have to supplement that effort, too.)

]]> By: D.O.U.G. http://knowledgeproblem.com/2009/07/14/more-on-the-ftc-and-western-new-york-gasoline-prices/#comment-8794 Tue, 14 Jul 2009 22:03:45 +0000 http://knowledgeproblem.com/?p=4981#comment-8794 I love this substantial evidence of a negative result. Certainly the evidence, if substantial, must have at least suggested some other cause.

]]> By: Fat Man http://knowledgeproblem.com/2009/07/14/more-on-the-ftc-and-western-new-york-gasoline-prices/#comment-8791 Tue, 14 Jul 2009 17:34:35 +0000 http://knowledgeproblem.com/?p=4981#comment-8791 They are working on it. It will be completed real soon now. If they have to spend all their time explaining to you that they are working on it, it will keep them from working on it. So, just go away and eat your government cheese.

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