Oil hit $130 per barrel.
#31
The REAL Bluedriver
Joined: Sep 2011
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From: Airbus Capt
I’m just saying the price is based on how much the stations are paying. I’m not saying the price comes down slower than it goes up. Just saying it’s not the stations gouging us. It’s the refineries gouging them. Or the traders gouging the refineries. It’s somewhere farther up the chain than the gas station managers.
The argument that gas stations don't normally make a lot on fuel sales doesn't prove they don't engage in what I have described, because frankly oil can go an entire year, or years, without have large gyrations in price like we have seen recently.
#33
The REAL Bluedriver
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From: Airbus Capt
#34
Banned
Joined: Apr 2017
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And... When the price is dropping precipitously the NEXT load will be much cheaper, yet they keep the pump prices high well past the time crude oil pricing goes down. There is a blatant disconnect between how fast prices at the pump go up when oil is rising vs how slowly pump prices go down when oil price is falling.
#35
The REAL Bluedriver
Joined: Sep 2011
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From: Airbus Capt
Yeah, sure they will. That's why everything is so cheap now, all businesses are cutting prices and profits to the bone fighting over customers. Remind me, how are corporate profits the last couple of years?
#36
Line Holder
Joined: Dec 2017
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I’m just saying the price is based on how much the stations are paying. I’m not saying the price comes down slower than it goes up. Just saying it’s not the stations gouging us. It’s the refineries gouging them. Or the traders gouging the refineries. It’s somewhere farther up the chain than the gas station managers.
#37
Line Holder
Joined: Jul 2011
Posts: 476
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Reminds me of that place in Orlando next to the Buffalo Wild Wings. They’ve been charging almost $6 per gallon for years. And the price signs are basically hidden behind the shrubs.
#39
Banned
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