I filled my van up yesterday for $2.99/Gal total was $90.00. In the Am when I went out the door on my way to Detroit it was about $2.69, by the time I was heading home it was $2.99. Today i take my kids to the park and it up to $3.29/gal.
Can someone please explain to me how gas that was already paid for and in the storage tanks tanks of the station owner went up about 60 cents inside 24 hours?
Uncertainty.
for what? Their cost have not changed, they will keep getting more gas for some time. It’s not like the second the oil comes out of the earth its turned into gas and pumped into our cars, there is a lot of reserve in place. I know the price will go up that is expected, but it should go when only when costs go up becasue supply has shrunk, not might/will shrink.
Depends on the station.
They’re always needing money to pay for the next tank of gas underneath the store. If the price goes up too fast they won’t be able to cover it…