Posted 8/21/2025 14:55 (#11339657 - in reply to #11339352) Subject: RE: How and when do gas stations determine their prices?
Embarrass WI
I know a guy who owned a gas station/convenience store for a while 15-20 years? He sold it 2 years ago. He told me that the oil companies watch consumer spending in real time and adjust their prices accordingly.
Consumer spending goes up, gas prices go up. Spending goes down and gas prices go down (or stay the same).
He was pretty adamant that he was correct on this.
How and when do gas stations determine their prices?
