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Price gouging [0] is when the price is excessively raised to profit from a disaster. Including the reasonable cost of special transportation required (off-road
by neurotech1 9y ago
Price gouging [0] is when the price is excessively raised to profit from a disaster. Including the reasonable cost of special transportation required (off-road vehicle, helicopter etc.) after a disaster is not considered price gouging.
By one estimate, helicopter transported gasoline "cost" around $8/Gallon to get it into difficult to access parts of Houston. Charging $20/Gal would be considered price gouging.
A small Helicopter (Bell 206L4 Longranger) could handle a 200 Gallon cargo tank, and costs under $1000/Hr to fly. I'd have to run the numbers but the ballpark figures make sense.
[0] https://en.wikipedia.org/wiki/Price_gouging#Laws_against_price_gouging https://en.wikipedia.org/wiki/Price_gouging#Laws_against_pri...