"Not like that around here. They ALL are within 2-3 cents of each other and ALL raise their rates on the same day. Within a few hours even. "
You just live in an area with a more efficient market.
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You just live in an area with a more efficient market.<
The Retail margin for Gas is so tight their is no room for competition on gas.Costco and the grocery chains are selling at almost cost and using gas as a loss leader.Convienence stores compete corner by corner.If their are four small chains at one intersection they usually manage to make $.10-$.15 margin.If one corner has a large chain like Quick Trip,Hess or RaceTrac the margin is bet back to $.10 or less.