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SportTrac Discussion
General Sport Trac Discussion
Gas price drop by you ????
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<blockquote data-quote="Thomas Rogers" data-source="post: 646460" data-attributes="member: 60724"><p>Supply and demand is a subtle effect. No, it's not any harder to get gas to one area than the other, but the local demands and marketplace set the price.</p><p></p><p></p><p></p><p>By my house gas is $2.56...I drive 8 miles to work, and I see it go as high as $2.71. And, the area next to where I work it as at least $2.69 everywhere. It's more or less the same area, but the main difference between the two areas are: population, affluence, commerce. Where it is higher there are more people, making more money and more retail commerce going on, which drives even more traffic through the area. It all means that the demand is higher AND the willingness/ability to pay is also higher.</p><p></p><p></p><p></p><p>As for prices being different across the street...that will always happen. Independent dealers set their own prices and profit margins, and some have a loyal set of customers that will pay a few cents more.</p><p></p><p></p><p></p><p>TJR</p></blockquote><p></p>
[QUOTE="Thomas Rogers, post: 646460, member: 60724"] Supply and demand is a subtle effect. No, it's not any harder to get gas to one area than the other, but the local demands and marketplace set the price. By my house gas is $2.56...I drive 8 miles to work, and I see it go as high as $2.71. And, the area next to where I work it as at least $2.69 everywhere. It's more or less the same area, but the main difference between the two areas are: population, affluence, commerce. Where it is higher there are more people, making more money and more retail commerce going on, which drives even more traffic through the area. It all means that the demand is higher AND the willingness/ability to pay is also higher. As for prices being different across the street...that will always happen. Independent dealers set their own prices and profit margins, and some have a loyal set of customers that will pay a few cents more. TJR [/QUOTE]
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SportTrac Discussion
General Sport Trac Discussion
Gas price drop by you ????
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