MrBishop
Well-Known Member
- Gas prices fluctuate due to economic reasons such as supply and demand.
- Competition helps keep prices to a reasoneable level.
Sometimes gas prices can rise suddenly because of events that happen overseas. These price changes occur overnight despite the fact that it takes 3 months for oil to travel from overseas to the americas, from there to the processing plants, go through processing and then be delivered to gas-stations.
Gas-stations which are supposed to be in competition with each other...despite spending millions of dollars every year in advertising saying that they're the best, still manage to have the exact same price (to the tenth of a penny/liter) as a station from a different company on the other side of town.
Oil/gas manufacturers deny price-fixing (see price gouging), and deny that prices fluctuate based on their own control instead of on supply/demand.
Something is wrong here... can anyone explain to me how this can be happening legally?!?