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Originally Posted by somdforever  ... how on a daily basis, the price for gas at the pumps kept increasing as the price per barrel of oil increased, yet, after the price dropped to under $100 a barrel late last week, the price at the pumps stayed the same! If there was ever any doubt about oil company greed, this should tell you something. |
...look, the oil company and the gas station are two different entities for one thing. For another, whatever Mr. Gas Station Owner is selling you is fuel he's had for at least some days if not longer, so, he's paying whatever the price was when he bought a given load. He's gonna raise prices as soon as his costs go up and, yeah, he won't be in a huge hurry to lower them but don't be too hard on them. Gas stations do not make much on fuel. They make less than the state and feds do and they make less than the oil company. It's an ugly business.