“Somerset’s city hall ventured into the retail gas business, opening a municipal-run filling station that supporters call a benefit for motorists and critics denounce as a taxpayer-supported swipe at the free market.
The Somerset Fuel Center opened to the public selling regular unleaded gas for $3.36 a gallon, a bit lower than some nearby competitors. In the first three hours, about 75 customers fueled up at the no-frills stations, where there are no snacks, no repairs and only regular unleaded gas.
The mayor says the station was created in response to years of grumbling by townspeople about stubbornly high gas prices in Somerset, a city of about 11,000 near Lake Cumberland, a popular fishing and boating haven.”
Read more here: http://www.rawstory.com/rs/2014/07/24/price-gouging-businesses-cry-socialism-after-ky-drivers-flock-to-city-run-gas-station/
Ana Kasparian (http://www.twitter.com/anakasparian) and John Iadarola (http://www.twitter.com/jiadarola) of The Young Turks break down this story. Also discussed is the real price Americans pay for gas. Do you think more communities will copy this idea, should they? Tell us what you think in the comment section below.