BamBam77
Old but still riding
north Alabama USA
Was 2.89 last week now 3.26
Scared to hear what others are paying
Was 2.89 last week now 3.26
Scared to hear what others are paying
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How the gas stations determine the current price of what to charge is you is:
What will it cost for them to replace that gallon of fuel that you purchased? Since the cost to replace that gallon you just used went up, they have to increase their price. Now if the cost of the fuel or barrel of oil goes down, you start to see the prices go back down.
They do not wait until they have exhausted their supply of fuel to adjust prices.
Depending on what gas you prefer, Chevron had reg at 3.45 a gallon, but AM/PM had 3.27 a gallon.