Notifications
Clear all

HOVENSA HEADLINES

 
Tippi
(@Tippi)
Trusted Member

Don't miss the story! I wonder how long before the prices start dropping????

Quote
Topic starter Posted : October 22, 2008 2:35 pm
GoodToGo
(@GoodToGo)
Trusted Member

How long is the typical wait between a change in rack rate and change in gas station prices? In other words do most owners use a FIFO inventory system and need to use what they bought before they show lower prices (my guess) or a LIFO system which would show a near immediate price change? Or something else completely?

ReplyQuote
Posted : October 22, 2008 4:35 pm
beachy
(@beachy)
Trusted Member

it goes up right away when it increases, and VERY slowly down. Additionally, it always goes up more than the rack increase, and down less than the rack decrease, so they continually build more into their profit numbers. Any everyone pretty much moves the same, except for the ones who are always more expensive.

ReplyQuote
Posted : October 22, 2008 4:54 pm
jlhfnstcroix
(@jlhfnstcroix)
Active Member

Wednesday 12:30, Shauma at $2.75

ReplyQuote
Posted : October 22, 2008 5:09 pm
SunOrSki
(@SunOrSki)
Advanced Member

Baltimore tonight $2.59 . . . amazing. Even more amazing is the fact I am amazed.

ReplyQuote
Posted : October 23, 2008 3:06 am
Search this website
Close Menu