Quote:
Originally Posted by crash
Sorry not the way it works and not greed. The stations bought the gas when it was high and have to sell it for the higher cost until they have depleted that inventory. Gas goes up and down with the cost of oil but it is slower to respond to drops. The oil suppliers control the price by controlling supply not the gas stations.
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Gas stations are the small fish and has no say so in price. So all oil in chain automatically goes up 2 hours after the price jump on stock market. I used to work in small grocery store when can goods had price increase the owner instructed me to remove all the prices on cans and stamp with new price increase. The same guy must be in charge of oil prices
