Thread: Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
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Old 08-09-2011, 05:56 PM   #3079
BigMeatballDave BigMeatballDave is offline
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Quote:
Originally Posted by Donger View Post
We've been over this. The price goes up faster than it drops because the stations are always looking at what their replacement cost is going to be. Those big tankers you see provide the entire stock of gasoline they sell and they buy that at a specific price.

If they don't immediately raise prices when crude makes upward movement, they run the risk of actually losing money per gallon if they don't raise prices immediately.
AKA Price Gouging
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