why do gas prices change so quickly?
like one day it can be 3.79 a gallon and the next day go up 10 cents. then a couple days, the price goes down to 3.79 again, then a couple more days pass and it could go up 20 cents (3.99).
why does the price change so frequently and who has control over this?
Comments
The fuel wholesaler is trying to make a profit (or at least stay in business) and adjusts the price. He usually tells the retailer what price to charge, too. Retailer is lucky to make five cents per gallon. You and I are lucky to be able to get gas at all.
For cheap gas eat beans.
Any time a action like what happened this week when Russia invaded Ukraine the oil companies use that kind of a thing for a excuse to raise the price because there is a remote chance it may disrupt the oil supply .
Dav87 is right. This system is now rigged so companies can manipulate prices without having to have an actual reason. The poor service station owner is just trying to make a living.
commodities prices used to vary with supply and demand..when the supply went down..the price went up.
Now, with our rigged stock market..all you have to do is "threaten" the supply and the price goes up..so when the supply doesn't change, it just gets threatened..the oil companies make a shtload of money and YOU pay
Now you understand why our system SUCKS