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Re: So? Retail sellers have never based price on their
Posted by Nevin (more from Nevin) on Thu, 1 Sep 2005 16:45:06
In Reply to: Re: So? Retail sellers have never based price on their cost, Chadwick [Profile/Gallery]
, Thu, 1 Sep 2005 16:39:55
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The difficulty with your model comes when prices are dropping. If dealer doesn't drop prices to stay in line with others, he is sunk. Yes, he is making a larger profit today, but may lose money in a few weeks if/when prices moderate and his tanks are full of higher cost fuel.
Here a Shell station jumped 20 cents Thursday, but rolled it back a dime when no one else followed his lead. I don't like the higher prices, but few of the talking heads on Tv decrying excess profits for big oil seem to be rushing out to start their own oil companies.
posted by 24.7.210...
Posts in this Thread:
- How often do gas stations usually get fuel deliveries?, Chadwick , Thu, 1 Sep 2005 16:03:25
- Gasoline seems to be defining this decade!, rob , Thu, 1 Sep 2005 18:13:57
- So? Retail sellers have never based price on their cost, saw, Thu, 1 Sep 2005 16:29:19
- Re: So? Retail sellers have never based price on their cost, Chadwick , Thu, 1 Sep 2005 16:39:55
- I sounded snotty didn't I?, saw, Thu, 1 Sep 2005 17:05:06
- If I were selling apples..., LesH, Thu, 1 Sep 2005 16:52:18
- this is how it works, turbosaab , Thu, 1 Sep 2005 16:48:22
- Re: So? Retail sellers have never based price on their, Nevin, Thu, 1 Sep 2005 16:45:06 <-- Viewing This Message
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