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Will repealing Wisconsin’s so-called minimum markup law reduce gas prices?

September 30, 2009 - 6 a.m.
Response Percent Votes
Yes 50% 368 votes
No 49% 359 votes
727 total votes

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reader COMMENTS (8)
werpknarly
Oct 4, 2009 at 10:13 p.m.
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Thats how Standard Oil became an oil Monopoly.

werpknarly
Oct 4, 2009 at 10:06 p.m.
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How does it raise prices?

Regional chains can pick and chose which town to lower prices, drive out local gas stations, then raise prices higher than before.

Worked well for Standard Oil.

JohnDoe
Oct 2, 2009 at 10:42 p.m.
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kawisixer01......Not true.

http://www.snopes.com/business/taxes/imm...

EMMO46
Oct 2, 2009 at 4:46 p.m.
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Before this law, there were "gas wars" and the stations would try to drop their price below the one down the road. It was a great deal for the drivers, as price could drop 20-30% overnight.
Now all stations are pricing the same as gas is a commodity and they all have markups dictated by law.
In Janesville today, just about all are priced at $2.39.
I'm ready for another "gas war".

kawisixer01
Oct 2, 2009 at 11:39 a.m.
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Coyote: the ones owned by Abib and family that have been passed through different hands very seven years to avoid paying taxes. ;)

coyote
Oct 1, 2009 at 1:25 p.m.
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What small gas stations?

JasonTh
Sep 30, 2009 at 12:52 p.m.
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For a short period of time - but it will balance back out. The consumers probably won't see a change because Wisconsin will need to add additional funding for DOT projects that the current gas tax can't pay for.

If the mandatory dual walled underground fuel storage tanks didn't close the small gas stations, then they'll survive the minimum markup repeal...

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