Quote:
Originally Posted by EchoMirage
as far as i know, its not the individual station owners that set the prices. big oil give them a minimum price they can sell at. if they sell higher, they can pocket the extra. but at setting higher prices, theyll run themselves out of business.
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The individual station owners set the prices, but they are rarely more than a few cents per gallon higher than what they are paying for it. So I guess you can say that "big oil" sets the prices to some degree in that way.
- Justin