Off-Topic: Pricing Gasoline
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Name:   GoneFishin The author of this post is registered as a member - Email Member
Subject:   Pricing Gasoline
Date:   10/21/2008 5:08:57 PM

Here is an interesting quote from a gas retailer. It must be a financial nightmare when gas prices are falling but pays alot of bills when they are rising.

"As a retailer, I price my product based on replacement cost, not actual cost. If I don't know why I do this, it does not matter... because my competitors will force me to do it."

Other messages in this thread:View Entire Thread
OPEC - MrHodja - 10/21/2008 2:50:03 PM
     We can't drill - water_watcher - 10/21/2008 3:02:57 PM
          Maybe Price Controls - MrHodja - 10/21/2008 3:10:06 PM
          Iran is quite a place - MartiniMan - 10/21/2008 4:25:15 PM
          We can't drill - muddauber - 10/21/2008 4:46:31 PM
               Pricing Gasoline - GoneFishin - 10/21/2008 5:08:57 PM
                    Pricing Gasoline - MartiniMan - 10/21/2008 5:46:10 PM
                         Pricing Gasoline - water_watcher - 10/22/2008 7:27:25 AM
                    Pricing Gasoline - TBird - 10/21/2008 5:59:26 PM



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