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Re: gas prices vs. diesel
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Posted by john in la on July 24, 2007 at 05:36:36 from (67.35.255.22):
In Reply to: Re: gas prices vs. diesel posted by cj3b_jeep on July 24, 2007 at 05:07:09:
You have to also consider it is getting near the end of the month. Some suppliers may have a excess of product to move by playing the market all month and being on the high side of the price. A supplier has to worry about several things that also affect price on a local level. They have a allotted amount of tank space. With gas ordered days in advance and already on the way in the pipe line they have to have room for this gas even if it means selling at a loss. They also have to meet their allotment amount each month or risk loosing tank storage space to someone else. In other words if you own rights to store 10,000 barrels in a loading rack tank and only move 5000 barrels this month your allotment space will be cut.
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