This one is for all the @[email protected]
this post was submitted on 04 Oct 2024
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That's true, however if your tank is half full and you see a damn low price most people will absolutely go and fill it up before it goes up again.
Eh, maybe it's different for people that only have to fill their tank every 3-4 weeks. I need to refill at least once per week so it's rare I save any significant amount of money filling up 2 days before I regularly would.
I'm also not sure why everyone would have the same price in mind to start immediately filling their tank at the "cheap" price to trigger a 12% increase amongst 8 different chains of gas stations all at the same time.
Many would be waiting for a few cents more or already pulled the trigger a few cents before.
I just don't think gasoline follows most free market supply/demand rules as much as most things.