Quote:
Originally Posted by EchoMirage
exactly. why? because the gas thats in the tank at the station - the owner paid $3+ per gallon. so why should he sell it for 1.75 a gallon and lose all that money?
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'zactly. but when the prices shot up and he is suddenly selling for $3.50, that gas he paid $1.25 per gallon was looking pretty nice for the station owners.
btw, that is not an example of big oil behind us with our pants at our ankles. that is the station owner, who may be only a franchisee with a 49% interest in the company. i feel sorry for the franchisees in today's market. they are slowly being squeezed out of business. there were two stations that closed in beachwood on route 9. we, as consumers, didn't care, because there is always another station to go to, but those were franchisees who got the shaft so they shut the doors. something to think about when you think about how big oil is slamming it to us; they're also slamming it to the guys who are supposed to be on their side, helping to sell their product.
and, for the last time, the most recent price increase was due to the futures market. no oil embargo, no shortage, but big oil did make out in the long run - you can bet on that.