Gas Lines, Gouging, and Hurricane Sandy: Keeping Prices Low Means Nobody Gets Fuel

“So why does it look 1973 all over again at gas stations throughout New York and New Jersey? Hurricane Sandy knocked power out to New Jersey’s gas refineries, causing shortages throughout the region. Govs. Chris Christie and Andrew Cuomo responded by doing exactly the wrong thing: They threatened to prosecute any station owners caught raising prices, thus removing any incentive to truck more gas in from other parts of the country.  Thanks to a cadre of small businessmen, though, Brooklyn residents have an alternative to spending all day in line.”

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