Leonard Matusik wrote:
Wed, 31 Aug 2005 15:19:31 -0700 Warren Ockrassa wrote:
On Aug 31, 2005, at 3:12 PM, Horn, John wrote:
Can someone (anyone?) explain what's going on?
Some call it capitalism; some call it opportunism; some call it
gouging.
Actually, the grown-up answer is a little simpler. Must-needs of cash
flow demand that people who sell things for a living, sell them for
their anticipated cost of replacement. Gasoline is no different from
anything else. Maybe the vendor makes a little short term profit. The
smart ones plow it into infrastructure improvement rather than
declare a divident.
Or maybe they're trying to make sure they can pay for the *next*
shipment, which will cost significantly more than the last one did, and
aren't sure how much that will be.
If the price at the Chevron station is still what it was when I came in
yesterday afternoon, I'm buying gas there for once. (It's usually the
most expensive gas on that road, but it was within $0.02 of the cheapest
gas, which was at a couple of Shell stations, which usually charge more
than the Exxon and the HEB. Weird.)
Julia
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