Quote:
Originally Posted by jjchieffan
We all know how gasoline prices are decided. Exxon, Texaco, etc... look for any excuse to raise prices. The Prince of Saudi Arabia has a cold. Time to raise prices 50 cents a gallo. He is better now. Ok, lets drop them a nickle a gallon. And by the way, if that is the best response you can come up with, just give up. I gave a legitimate scenario and the best you can come up with is I have no idea how walmart decides their prices? They call that pwned around here.
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If you would care to dispute my explanation of gasoline prices, please feel free to do so.
Like I said, I have no idea how big-box retailers manage their pricing, so I can't comment on that.
However, it is an interesting comparison: T-shirts versus gasoline. Is the core component of T-shirts a globally-traded commodity, as is crude oil? I suppose it would be cotton, right?