Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Other - Business & Finance

What is the process by which gas stations "know" to raise or lower the price of gas on a daily basis?


Just curious if they get a phone call everyday from coorperate or what...

Oil companies will publish the current wholesale market price for gasoline to dealers daily, probably done today via email or some other electronic format. That wholesale market price, plus the numerous taxes and small profit % added, equals the retail price of the gasoline.
Tags
Other - Business & Finance Other Taxes United States Taxes United Kingdom Taxes Spain Taxes
Related information
  • What is export and import financing by banks?
  • Where can i find a good free cv template?
  • What time does a UPS delivery usually come?
  • Kosher certification question?
  • What does professional ethics mean ??
  • Can bail bond company charge your account without permission?
  • EBAY Paypal question..please help!?
  • Does anyone know of any teamworking games/ any websites online that sell teamworking games?
    • 　

    Finance Categories--Copyright/IP Policy--Contact Webmaster