English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

3 answers

High gas prices are not "price-gouging"; the gouging all occurs in sales of crude oil, when the price won't stop going up.

Obviously, a gas supplier will have to sell gas more expensively than when it was bought, and raise prices according the price of crude, not to make extra profit but to be able to replace the sold gas later as the price continues to rise. It's simple economics.

Gas stations have the liberty to set their prices however they want. The government does not control their prices. If they wanted to change the price three times an hour, that would be perfectly legal.

2007-02-21 10:55:31 · answer #1 · answered by djcartwright 3 · 0 0

Gas stations usually raise their prices based on the invoice price they their supplier on delivery. So in order to make a profit they will raise prices. Check their invoice, if they will show you.

2007-02-21 07:22:23 · answer #2 · answered by gary o 7 · 0 0

Whatever the market will bear. If you buy gas there then you are supporting them. He consumers have made oil king and now we wonder why oil companies can gouge us with impunity. Obviously they are trying to drive business toward the evening hours for one reason or the other.

2007-02-21 08:57:35 · answer #3 · answered by yes_its_me 7 · 0 0

fedest.com, questions and answers