EDITOR, Daily News:
The acquiring of Crowley Fuels by Petro Marine is major setback for the entire Southeast Alaska community. This monopoly creating acquisition will inevitably lead to substantially higher gasoline and diesel prices in Southeast Alaska.
What's to prevent Petro Marine from gradually raising prices to just below the point where another competitor could come in to compete? If Petro Marine owns the entire oil infrastructure system in Southeast Alaska, wouldn't it set a high threshold for any future competitor? Wouldn't this result in hard-earned money being pulled out of our pockets and substantially raise the cost of doing business in all communities in Southeast Alaska?