Thread: Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
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Old 04-12-2011, 08:00 PM   #2571
Bugeater Bugeater is offline
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Quote:
Originally Posted by Donger View Post
They'll start dropping within a week or so if the slide continues. They don't drop as quickly as they rise (for reasons explained within multiple times).
Short version: When gas prices go up, retailers charge replacement cost of the gas in their storage tanks. When prices go down, they charge what the gas in the tanks cost them.
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