question about how gas prices are spiking

[modeerf]

Originally Posted by OpenD

Even more directly, if you knew your gas delivery tomorrow would cost 30 cents a gallon more than the delivery you got yesterday, would you wait until tomorrow to raise your retail prices on the gas you have in your tank now?

I believe most business owners would raise the prices today. No conspiracy, just normal market economics at work.

Self seeking Greed at work. No economics to be found.

[BadJuju]

My recommendation is to hedge yourself long-term. $4.00 gasoline will be a fond memory soon enough.