Quote:
Originally Posted by Slava
I know it sounds like that's what everyone is doing here, and it seems silly. Fact is though that while on the news they were saying wholesale costs went up by $0.02/litre gas prices went up by as much as $0.08/litre yesterday. That $0.06/litre is basically arbitrary, and not based on supply/demand or anything else aside from the retailers wanting increased profits.
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That's what they said on global. The retailers are trying to recover some profits they've been losing since oil prices went down. Gouging at its finest.