Subj : Re: Gas Crunch
To   : Frank
From : Finnigann
Date : Wed Aug 31 2005 07:21:00

-=> Frank wrote to Deuce <=-

 Fr>   Re: Re: Gas Crunch
 Fr>   By: Deuce to Frank on Tue Aug 30 2005 11:50 pm

 >   Re: Re: Gas Crunch
 >   By: Frank to Finnigann on Tue Aug 30 2005 21:01:00
 >
 >  >    Didn't Hawaii do just this last week? Impose a state wide cap at $2.70
 >  >    something.
 >
 > Bulk pricing, not pump pricing.
 >

 Fr>    OK, another HALF TRUTH the media is so good for.



http://tinyurl.com/96qqn

The state's Public Utilities Commission said Wednesday that, beginning Sept. 1,
wholesalers in Honolulu may not charge more than $2.1578 a gallon for regular
unleaded, or about $2.74 a gallon when taxes are included. The commission set
the caps, which will fluctuate from week to week, at different levels for other
islands. 

The law does not establish a cap at the retail level. But if retailers keep
their usual 12-cent-per-gallon markup, prices for regular unleaded in Honolulu
could in theory rise to about $2.86 per gallon.

Sounds like the whole truth to me...

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