Thursday, February 23, 2012

Can Someone Explain..

Why does news of Iran being assholes like usual make gas prices rise immediately? I mean don't you need something bad to happen to reduce supply to actually raise the price? What kind of fucking stupid system is this?

3 Comments:

Blogger KenP said...

It is how the free market operates.

Yesterday, you bought product at $1. and sold it for $1.10.
Today there is news that makes a substantial increase likely with your price to purchase going to an estimated $1.20.

When are you going to price that into your price of goods on hand?

Understand that the advantage/disadvantage goes the other way in a declining market.

5:42 AM

 
Blogger SirFWALGMan said...

see that is where you are wrong.. the gas companies jacked the price up to 3/gallon and it did not go down at all with any good news or anything.. just up up and away... oh, and the billions of profits they are making are just by coincidence.

6:51 AM

 
Blogger RedXBranch said...

"....Up like a rocket and down like a feather."

8:40 AM

 

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