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Re: hayward post# 243077

Friday, 01/24/2020 3:17:25 AM

Friday, January 24, 2020 3:17:25 AM

Post# of 425942
The stations raise their prices immediately in response to oil price changes because they use a method called replacement cost. In this method the price at the pump should usually reflect the cost to replace it and a normal markup. The is not gouging. The fuel in the underground tanks is a capital investment that remains constant.
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