08-30-2005, 09:34 PM
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With all due respect
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Join Date: May 2004
Location: Chicago
Posts: 370
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Quote:
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Originally Posted by Cheyanne
I used to gripe about that to bare4you. The minute there was a whisper of gas prices rising, the stations would change the price! I asked a station manager about that because I knew that they didn't pay that much for the gas that they already had. What was explained to me was that the amount charged now isn't for what they had already paid for which was already underground, but for what they will have to pay for the next load.  Most of it is a guessing game for them now. |
That always struck me as a total scam. So if I understand this right, they bought the gas at X price, but since prices are expected to go up, they're selling it at x+y. (why? because they can.) When the next shipment comes in, it'll be the same situation, and since the price hardly ever goes down or at least goes down much slower than it goes up, they are almost always making an increased profit.
I just hate the fact that it's all speculation. Well, that and the fact that the oil companies are making huge profits while the rest of us are getting screwed.
But that's just me.
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“Sometimes I think we're alone. Sometimes I think we're not. In either case, the thought is staggering.” - Buckminster Fuller
"A man talking sense to himself is no madder than a man talking nonsense not to himself." - Guildenstern, “Rosencrantz and Guildenstern are Dead”
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