I don't agree. One of my vendors' good friends is a station owner. He got a
call today from the tanker driver who told him if he did not have a check
ready for $25,000 there would be no delivery. Last month, that same
delivery might have cost $15,000. When you realize that that every delivery
is COD, they have to save now for the next delivery, you can see why they
have to raise prices immediately. Realize also that most of these operators
are making between 1 and 5 cents per gallon and you must wonder why they
even turn the pumps on.
John Cohen
The funny thing is that the gas sitting in the station's storage tanks
and in the distributor's storage tanks was all made and paid for from
cheaper oil. They are just jacking up profits because they can and not
because the fuel already in these tanks suddenly cost them more.
I can see them doing it on future deliveries where their cost is higher
but doing it on existing lower cost stocks is just plain people making
increased profits off other's misfortunes. They are no different than
street looters coming in on the heels of a disaster.
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