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Old 10-28-2005, 12:43 AM
Poseur Poseur is offline
 
Join Date: Sep 2005
Location: pretending to be somewhere
Posts: 65
Poseur is off the scale
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I notice that as soon as the commodities market clicks up a cent, it is reflected at the pump in 3 seconds. However, if it the market goes down 30 cents, the price at the pump doesn't go down for 3 weeks! $##$@@!#
It's because the station owners will raise the price of gas with the market even though the gas in their tanks was purchased at a lower price. Once they refill those tanks at the higher gas price, they cannot lower their price much and make a profit on the gas they are holding so they must keep the price up even after the pricing goes back down until they refill their tanks at the new lower price.
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