The German central banker said that food prices, the " mad cow " disease, environmental taxes and a recent rise in crude oil prices all threaten euro zone price stability.
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Until the zone pricing's resolved, you will be stuck with the $ 2 gas every other year . ( Ending the practice ) would resolve some of the high prices.
13.
Zone pricing is the practice where refiners set uniform wholesale prices when they supply branded gasoline directly to their company-operated and leased service stations within a small, but distinct geographic area.
14.
Loeber and other retailers attribute the rapid increases to " zone pricing, " a phenomenon in which suppliers value their product based upon the highest level a particular market will bear.
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With the widespread use of zone pricing for fare calculation, systems that span more than one zone need a system to inform the use which zone a particular station is located in.
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The refiner's decision to break away from zone pricing is markedly unusual and could have industrywide ramifications, according to Bob van der Valk, manager of fuel supply and marketing for wholesaler Cosby Oil.
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After the refiner decided to switch from the standard zone pricing employed by most other refiners several weeks ago, Union stations'prices zoomed upward, hanging near $ 2 per gallon for regular gas at some stations.
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Critics contend that industry monopoly and the ability to control not only industry-owned " corporate " stations, but locally owned or franchise stations, make zone pricing into an excuse to raise gasoline prices virtually at will.
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The FTC said it looked into what is known as zone pricing, in which refiners set uniform wholesale prices and supply branded gasoline directly to their company-operated and leased stations and to some independent dealers within a small area.
20.
While the FTC acknowledged the existence of " zone pricing " in some limited areas, it said it " found no evidence of collusion between oil companies " nor any evidence of agreement on pricing " at any level of supply ."
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