03-09-2022, 08:03 AM
(03-08-2022, 09:14 PM)Carsman Wrote:(03-08-2022, 01:55 PM)Duchess Wrote: Who sets gas prices?
(03-08-2022, 03:09 PM)Maggot Wrote: Price per barrel and replacement cost.
How the hell can they get away with already gauging gas prices with the gas "already in their tanks"! Saw one station today "$5.61"!!!
They haven't had to buy the high price oil barrel prices yet to refill their tanks?!"
And if they did, the existing gas was cheaper!
You have to sell at replacement cost. Every business in the U.S, does it. The gas stations make 5 cents on every gallon of gas, it's not much. And they fill their tanks every week. Just because you don't see the tankers doesn't mean they weren't there.
It's replacement cost. If you had an oz of gold you bought at 500.00 per oz and sold it you would sell at replacement cost.
He ain't heavy, he's my brother.