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Old 10-19-2011, 11:08 AM   #19
banyon banyon is offline
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Join Date: Aug 2005
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Quote:
Originally Posted by Donger View Post
Or, you could just read why it actually happens.
Seems like your link admits there's a real phenomenon of consumers getting squeezed.

Quote:
Other factors also play a role in this phenomenon, however. One of these can be considered either "profit maximization" or greed on the part of station operators, depending on your perspective.

Sometimes, even after a station has sold all of its expensive gas at that higher price ($2.85 per gallon in our scenario), it will keep pump prices high and pocket an extra 10-cent-per-gallon profit on the cheaper $2.75 per gallon gas. As station operators squeeze an extra dime, nickel or even pennies out of each gallon of cheaper gas, for as long as possible, that lengthens the amount of time it takes for pump prices to fall.
Mainly it sounds like they use one rationale when the price of oil goes up and a different pricing rationale when price of oil goes down. Whichever screws the consumer the most.

It's supposed to be free market supply and demand, right? The SAME pricing laws?
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