Off-Topic: Pricing Gasoline

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	Name:	GoneFishin -
	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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