To: PigRigger; SoothingDave
Actually, retail gasoline prices are not set based on the price of the tank truck they bought but rather on the cost of the next tank truck to replenish their supply. In other words, the customers subsidize the next tankful, not the stores. They cannot afford to tie that much money up for inventory.
4,825 posted on
08/31/2005 9:11:07 AM PDT by
NonValueAdded
("Freedom of speech makes it much easier to spot the idiots." [Jay Lessig, 2/7/2005])
To: NonValueAdded
good explanation, ...still doesn explain the spike in totality over a two day period....
4,841 posted on
08/31/2005 9:13:35 AM PDT by
PigRigger
(Send donations to http://www.AdoptAPlatoon.org)
To: NonValueAdded
Actually, retail gasoline prices are not set based on the price of the tank truck they bought but rather on the cost of the next tank truck to replenish their supply. In other words, the customers subsidize the next tankful, not the stores. They cannot afford to tie that much money up for inventory. Yes, good point.
SD
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