Question:
I have found the differences everywhere I go...it will be 10 cents higher at one station and one mile down the street, it will be 10 cents lower..now what is going on if the barrel of oil is down...
Answers:
Can anyone help in my search...?
Overhead costs and the transportations costs, as well as station volumeHow much is it to ship a car from Guam to California?
idk ...its like that in our town...i think cause you know how some parts of the city are better then the other only certain kinds of people will go there..no offense....and competition...How do you wash a car in antarctica?
Supply & demand, insurance rates, franchise fees & competition make for a vastly different cost for gas, even within the same city.Drive around and keep score. The cheapest place now will prolly still be the cheapest place 2 weeks from now.
Most of the price increases at my local station have to do with "drive-offs", and "shrinkage" or simply people stealing from the station. The price increases from day to day depending on the previous days "repoprts". OPEC or oil producing countries have meetings and consider what the most is that they can get for a gallon of gasoline, and then they set the prices, different from coast to coast.
In addition to those already mentioned, most stations make the largest change when they receive a new tanker load. So it is reasonable for one station to be 10-15ยข off if the new tank price is different. The nice part about the number of stations around here is that I can watch four or five of them (I know who refuels when from experience) and if the new is cheaper I wait, but the if the old is cheaper I go fill up down the street.
What really bothers me is those stations that simply change the price because of market values, not because they need to adjust on account of cost.
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