Quote:
Originally posted by Tron_fdc@Aug 31 2005, 12:51 PM
So when prices come down for refineries, cost of fuel delivery etc, why isn't it reflected IMMEDIATELY in the price of gas at the pump? It seems like it goes up the instant their costs go up, but gets held there for weeks once the costs go down.
*shakes fist at downtown oil companies*
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And therein lies the rub . . . .
Various newspapers have endeavoured to root out whether or not that statement is true or not - that prices rise fast but fall slow.
As consumers we feel that is true.
However, I can't remember if that's actually a fact via research. Google it!!!
I own some Exxon and I'm doing okay.
Cowperson