So we all know that fuel prices are sky rocketing.
So I have a question:
Lets say a gas station receives a shipment of fuel on Sunday night. Lets say the shipment is for 100,000 gals and the gas station owner posts the price @ 50¢/gal.(ya, I'm still living in 1970)
Now Monday morning rolls around and the stock market gets the Libyan jitters and the price per barrel goes up 1 dollar. so Mr Gas Station owner increases his price Monday afternoon to 75¢ citing increased cost per barrel. On Monday Mr Gas Station owner sells 10,000 gal. He now has 90K gallons left in the tank that he bought at 50¢/gal.
Tuesday rolls around and the stock market gets even more jittery about the conflict in Libya and the price per barrel goes up some more. So Mr Gas station owner increase his price at the pump to $1 per gallon. Yet the gas in the tank was bought at 50¢ and is still at 50¢. On Tuesday Mr GSO sells another 10K gal
Wednesday rolls around and a bird poops on an oil tank in Libya and the price of a barrel goes up again. So Mr GSO raises his price again, on the same gas he bought at 50¢ three days ago?
anyone see what I'm getting at here? The gas in the tank is still at 50¢/gal, yet Mr Gas station owner raises his price on a Fantasy
Gas station owners are crying they are going broke, they only make a couple pennies per gal...........BS
some one is getting rich while the rest of us are going broke this is crap