General Discussion

Pricing drives business and it’s to the benefit of the consumer. But, I’ve never heard of that.

Edit: I looked up the law. It doesn’t stop you from lowering prices below competition. It sets a fixed floor margin to prevent large chains from dropping the price lower than what the small stations can buy at. It prevents a gas station from pricing at negative margins to shut down competition.

I’m not looking at what I can’t compute. I’ve been discussing global oil and feedstocks for the last months with large corporations and some oil producers.

The oil numbers look long with the release of Middle East oil. The trades have been dropping in price for weeks. There will be a rebuilding of inventory but oil will likely drop first.