""In 48 states, customers are allowed to pump their own gasoline. In 48 states, filling station attendants no longer exist as a profession. Labor costs are lower. These savings are passed on to customers in the form of lower gasoline prices.
In Oregon, any convenience store that sells gasoline must hire a gasoline attendant. So, there are fewer convenience stores acting as sellers of gasoline. This law restricts entry into the field.
Because there are few customers from 11 p.m. to 7 a.m., it is unprofitable for stations to hire full-time attendants. The solution is to close the stations. When the stations are closed, the manager turns off the pumps. No one can buy gasoline at the station.""
Evaluating the free market by comparing it to the alternatives (We don't need more regulations, We don't need more price controls, No Socialism in the courtroom, Hey, White House, leave us all alone)
Wednesday, October 19, 2011
The "must hire a gasoline attendant" law leads to less gas available
See Markets NOT in Everything: No Gas from 11pm-7 am by Mark Perry of "Carpe Diem."
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