High. And, predictably, going higher. I'm certainly no expert in the pricing of gasoline. I'm an end-user. Buy it at the pump. I'll also confess that I'm somewhat mystified by the fact that gas at Station A is $3.15 a gallon, while it's $3.24 at the same brand station six blocks away. With that in mind, here's what seems to be a pretty solid assessment of the situation...
...Right now the big driver in the current level of oil prices is constrained supply which means expensive crude oil and refinery capacity starting to hit their maximum sustainable production limits. The gas station owner or the regional distributer to multiple gas stations does not have a whole lot of pricing power. The station owner is in pretty fierce competition with [...]
Tags: Gas Prices, Price Gouging
Posts
0 comments:
Post a Comment