Around here, doesn't matter if a new tanker arrives or not.
None of the gas stations own the gas.
They ALL sell it on consignment.
The prices are set by distributors who own it. They're the ones who call the station and tell them what price to sell it for today.
The store contracts give them a fixed cents-per-gallon commission that's designed to cover the variable cost of sales (such as credit card fees) and leave them about 8 to 10 cents a gallon in gross profit (from which rent, overhead, employees, income and property taxes, etc had to come out of.)
The first run up in gas prices was hurting a lot of them because there commission are based on fixed cents per gallon, but higher gas prices meant the credit card fees which are assessed proportional to the amount of the sale doubled...cutting deep into that 10 cent profit they were aiming for. So for awhile their commission contracts and their variable expenses were out of alignment.
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Today's Featured Article - Chores - by Frank Young. The ceaseless passing of time! It is at once our friend and our enemy. It measures our progress and it makes us old. Like most features of our life, few things are all good or all bad, and most such judgments depend on our own perspective or viewpoint. In our particular hobby, we enjoy the nostalgic return to the days of our youth as we recreate many of the scenes that took place on the family farm that served as the stage for the first few acts of the play that is our live
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