Joe, once again I have to tip my hat to you for uncovering this Maryland Law atrocity.
I can tell you why all of the strip stations are not offering the Maryland public discounted prices on gasoline.
And you. . . the Maryland taxpaying public will not be reading about this in The Daily Times.
Because it is against Maryland Law for stations to sell the taxpaying public discounted gas. If they do. . . the Maryland Legislature has authorized severe penalties for the gas station dealers.
Bottom line. . . the Maryland Taxpayers are the ones getting royally screwed by none other than their elected officials.
Current Law: Retail service stations are prohibited from selling motor fuel below cost except under limited circumstances. "Below cost" is defined as a price that is less than the total of: (1) the most recently published average reseller rack cost of motor fuel by grad and quality, as calculated by the Oil Price Information Service (OPIS), for particular terminal from which the motor fuel was delivered to the retail service station dealer, or the actual invoice cost from the supplier of the product, whichever is lower; and (2) the freight charges and all applicable federal, State, and local taxes not included in the invoice cost.
FOR MORE READ ON THE FISCAL NOTE:
http://mgasearch.state.md.us/data/2006rs/fnotes/bil_0003/SB0503.pdf#xml=http://mgasearch.state.md.us/search97cgi/s97is.dll?action=View&VdkVgwKey=j%3A%5C2006rs%5Cfnotes%5Cbil%5F0003%5CSB0503%2Epdf&doctype=xml&Collection=2006%5FFiscal+Notes&QueryZip=gasoline+station&
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
4 comments:
that's old news!! and it applies to cigaretttes also
What more could you expect from the Peoples Republic of Maryland?
Does this law exist to protect gas stations, or the lobbyists + companies who pushed for its passage?
Who cares? how many independent gas station owners do you know who can afford to sell you gas below cost?
I'm wondering why all the stations get gas from those Coraluzzo trucks from New Jersey. Can't they get cheaper gas closer to home? It seems ridiculous to think that somebody can drive to/from NJ with a huge tank of gas and undercut a more local company.
Makes me think that the mafia is making a cut of every gallon of gas sold on Delmarva.
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