Quote:
Originally Posted by MaDef
There is a Federal Price gouging statute, however it only deals with gasoline and other petroleum products. It was passed back in 2013 when oil was 100.00 + a barrel. After this crisis passes, Congress will probably amend it to include toilet paper and hand sanitizer.
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I'd forgotten about the Federal oil price gouging law, but, as you indicated, it really deals mainly with a fixed, triggered implementation and enforcement; the type of laws in CA, statewide and local are wider in the triggering mechanisms and deal on a more case by case, situational basis; also, the laws here are more concerned with the day to day and survival commodities and services related to disasters; oil prices topping a certain point internationally quite often have little to do with scarcity world-wide disasters and more to do with simple corporate opportunistic profiteering...
You can survive without needing to use oil in the form of gasoline, etc., but food, water, medicinals, and other basic must haves and needs are essential...
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