No gouging going on. The oil on the shelves was not refined at the current crude prices. It came from crude at much higher prices.
You have way too much time on your hands. Price gouging on motor oil. The transportation cost is more than the oil.
I think your price gouging on the cost of vanities. I notice your not a contributor.
You’re being ridiculous
Walmart bashing has reached a new low
Disgraceful
You have never owned a store have you?
They bought truckloads BEFORE the oil price went down.
In addition, what the price per barrel is today takes months to work it’s way through the system of refineries. Unless you wan to burn crude oil in your vehicle.
Maybe “price gouging” can be a good thing in a free country. Maybe sometimes.
Is this post a joke!? Good grief.
Maybe you should just buy a barrel of oil and then you are set for life.
Walmart’s prices are always based on how much they buy it for, then can be reduced as either a) better deals are negotiated, or b) they want to get rid of an underperforming product.
It’ll take a while for the price drop in oil to get registered in shelf products.
And a little FYI, price gouging is raising the prices of essential products and services during a disaster from prior to the disaster levels. They haven’t raised the price and I think you’d find it really hard to assert it is an essential product.
Probably won’t go down though with the lower price of oil since we’re staying at home so much.
Man, you got flamed here. You can always ask the Admin Mod to pull this thread.
Oil has a much slower turnover time than gasoline. So therefore it will be much longer until the lower cost gets to retail.
This clown should get a job actually making something like steel or work in an oil refinery, and take a few accounting and economics classes.
Wow, you’re getting flamed a bit.
But now for the real question.
Were you wearing pink spandex pants, engineer boots and a crop top?
Oh no. How awful. Just this morning, I paid $1.03 per croissant at my local Walmart. Just a month ago, I’m certain I paid $1.02. Just outrageous. I tried to complain but was just brushed off. For some reason, the manager seemed more concerned.about crowd control since a truck with tp was at the loading dock. The nerve.
Why don’t you sell it for less? You could make a bundle.
ML/NJ
Then don't buy any! Having the government dictate prices is a path to economic disaster.
How would the price of a quart of synthetic sitting on the store shelf change just because market price per barrel dropped?
What did Walmart pay for the inventory they are selling right now? if this has been sitting in their warehouse why should they take a bath on it? If they just bought it at a lower price and stocked it on shelves you have a point, so which is it old stock they paid more for or new stock they paid a lower price for, if it was a lower price?
I guess you can see when oil prices turn around (which they will, eventually) if they jack the price up immediately or if there is a lag. Kind of like what gas stations do during big fluctuations.
So you don’t understand how retail pricing structures are generated.