Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: frgoff

Instead of calling us idiots, please explain why gas prices don't go down as quickly as they go up.


38 posted on 09/01/2005 5:58:21 AM PDT by Blood of Tyrants (G-d is not a Republican. But Satan is definitely a Democrat.)
[ Post Reply | Private Reply | To 25 | View Replies ]


To: Blood of Tyrants
please explain why gas prices don't go down as quickly as they go up.

As I pointed out in my previous post, as soon as you stock up anticipating a price increase, the price increases that much more quickly. Instead of selling your extra jerry cans of fuel when the price is about to decrease, you burn it.

69 posted on 09/01/2005 6:10:13 AM PDT by palmer (If you see flies at the entrance to the burrow, the ground hog is probably inside)
[ Post Reply | Private Reply | To 38 | View Replies ]

To: Blood of Tyrants
Instead of calling us idiots, please explain why gas prices don't go down as quickly as they go up.

Certainly. Only a poor businessman will sell a gallon of gas for less than the consumer is willing to pay for it. Therefore, you keep the price as high as the consumer is willing to buy it for, even when your cost goes down. When sales drop off, you lower the price. It's the constant adjustment caused by the laws of supply and demand.

268 posted on 09/01/2005 3:39:43 PM PDT by SALChamps03
[ Post Reply | Private Reply | To 38 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson