StupiderIdjit t1_j469n3u wrote on January 13, 2023 at 1:39 PM

Reply to comment by PregnantSuperman in Pennsylvania Senate passes bill to cut state gas tax by wildfireonvenus

The gas companies will just charge more. You're already paying it, why lower the prices?

jetsetninjacat t1_j470pv4 wrote on January 13, 2023 at 4:41 PM

Remembers when bars in allegheny county bitched that when the county made a drink tax it would raise their prices as they'd lose business.

also remembers when the county lowered the tax they didn't lower anything

69FunnyNumberGuy420 t1_j47182d wrote on January 13, 2023 at 4:44 PM

In 2010 (IIRC) there was a government shutdown that resulted in the feds not collecting the per-ticket tax on plane tickets.
 
The airlines just temporarily raised the price for the duration of the shutdown.
 
Businesses aren't going to charge you less than you've already shown you're willing to pay.

enemy_of_your_enema t1_j46bd2c wrote on January 13, 2023 at 1:52 PM

Because if they lower their price more than their competitors, they get more business.

StupiderIdjit t1_j46d7kf wrote on January 13, 2023 at 2:06 PM

Me looking crude prices at prepandemic prices, but gasoline still 75‰ higher Yeah okay.

enemy_of_your_enema t1_j46e7n6 wrote on January 13, 2023 at 2:14 PM

Retail prices are higher than pre-pandemic levels, but not 75% higher, according to the EIA. Also trending downward sharply. So gas companies are lowering prices.