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With gas prices on the rise, y do gas stations show 9/10 to their price why not round up?
High gas prices are not "price-gouging"; the gouging all occurs in sales of crude oil, when the price won't stop going up.Does anyone drive over an hour to get to work?
Obviously, a gas supplier will have to sell gas more expensively than when it was bought, and raise prices according the price of crude, not to make extra profit but to be able to replace the sold gas later as the price continues to rise. It's simple economics.
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Gas stations have the liberty to set their prices however they want. The government does not control their prices. If they wanted to change the price three times an hour, that would be perfectly legal.
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Gas stations usually raise their prices based on the invoice price they their supplier on delivery. So in order to make a profit they will raise prices. Check their invoice, if they will show you.Do you think a person saves money by never going below 1/2 tank of gas?
Whatever the market will bear. If you buy gas there then you are supporting them. He consumers have made oil king and now we wonder why oil companies can gouge us with impunity. Obviously they are trying to drive business toward the evening hours for one reason or the other.More Questions & Answers ...
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