How do gas stations determine the price? It seems they change more often than daily.?

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Answers:

Are there any genuine product in the market to make a car really economic?

gas prices at the pump are based on CURRENT REPLACEMENT COST of the fuel in the ground NOT what they paid for it already so if the cost at the refinery or distributor changes the price at the pump changes RIGHT NOW not when the tanker gets there !

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I have a swift VXI,i want to dress up the interior to look better.can someone tell me for a place in chennai ?

I believe that someone at corporate headquarters calls them and tells them what to set the price at. I don't think the big gas companies let the stations themselves set the price.

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What has four wheels but isnt an automobile?

in aust. there are laws saying thay cant change during the day. but, the price is set by demand and by the crude oil prices ( the price they get charged for the petrol)

Will anyone be at the chicago autoshow?

Price of oil varies, and oil companies buy the crude and turn it into auto gas. I have never got that about americans. why do u cal it gas, it is a liquid,.....

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