This would increase consumer spending and tourism.
Airlines and rental car companies can offer discount coupons on certain gasoline stations only. Therefore tourists to exercise the coupons would have to travel to the locations where those gasoline stations are located. Otherwise, the coupons expire and it’s profit split between the gasoline station and the rental car company. It’s a money-maker.
If the tourist takes advantage of the coupons, then those towns near those gas stations will profit from anything those tourists buy in those towns.
This scheme can be used to help a lot of towns in the Midwest. It would be like you rent a car in Cleveland. The Alamo Rental car in Cleveland includes a free coupon if you meet certain timeframes. The coupon value is 50% off any BP gas station in Akron.
Now you can save money on a trip to Akron and if you don’t, you end up paying a barely noticeable fee split between Akron’s BP gas station and Alamo. And they’d make money.
If you buy gas in Akron, the town of Akron may see an increase in consumer spending, so it becomes a win win.
The industry would profit because significant numbers of travelers would wind up not redeeming the coupon because of inconvenience, and they probably wouldn’t care.
Edit: but this isn’t a deviation from supply and demand. This is a promotional coupon!
It’s like when you have a call option on a stock or a buy one get one free. It’s purely a business friendly idea.
Any time you can put more money back into the hands of families and the Ameerican people, it is a good thing.
Any time you take that away, you hurt the family, the economy and limit personnal freedom. Of course from the POV of many on the left, limiting certain personal freedoms is a good thing.
March 1st, 2010 at 8:47 am
My gas when I filled up this morning was $1.83 I have no reason or grounds to beg or bit<H for cheaper gas sorry.
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March 1st, 2010 at 9:03 am
Obama plans to RAISE gas prices through taxes.
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March 1st, 2010 at 9:25 am
Any time you can put more money back into the hands of families and the Ameerican people, it is a good thing.
Any time you take that away, you hurt the family, the economy and limit personnal freedom. Of course from the POV of many on the left, limiting certain personal freedoms is a good thing.
References :
March 1st, 2010 at 9:37 am
The price of gas should be decided by the laws of supply and demand. Any manipulation of prices other than the reduction or increase of taxes is bad. I think taxes are also bad, but using a tax on gasoline to fund road construction and maintenance is probably one GOOD example of how taxes should be used. Too bad that Congress hasn’t figured out yet that their job is to help this country, not control it.
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