Comments on: Fill ‘er up… http://www.thecornerofficeblog.com/2007/05/13/fill-er-up/ An entrepreneurs thoughts on business, personal finance and investing. Thu, 09 Jun 2011 19:02:59 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: AceroSBU http://www.thecornerofficeblog.com/2007/05/13/fill-er-up/comment-page-1/#comment-7958 AceroSBU Wed, 16 May 2007 14:21:25 +0000 http://www.thecornerofficeblog.com/2007/05/13/fill-er-up/#comment-7958 You have to love those jumps in prices, you have to feel that mostly they are unexplainable. Although some are easy to explain, like the gas price being stable for a week but on Friday, just before the weekend, prices jump ten cents. I drive just under sixty miles each way to work, passing through several small towns on the way it's interesting to watch the changes in prices. One town all the stations are at $3.05/gal. A town over, they were at $3.05 as well, until one of the two stations went out of business and now the lone remaining station in town has jumped to $3.15. Ahh monopoly powers. The next town over is on an Indian reservation so they do not pay the NY state gas tax, at .40cents you would expect their price to be around $2.65-2.75 but interesting enough it's $2.95. Just enough to get people to come in. They are making a tidy little profit. You have to love those jumps in prices, you have to feel that mostly they are unexplainable. Although some are easy to explain, like the gas price being stable for a week but on Friday, just before the weekend, prices jump ten cents.

I drive just under sixty miles each way to work, passing through several small towns on the way it’s interesting to watch the changes in prices. One town all the stations are at $3.05/gal. A town over, they were at $3.05 as well, until one of the two stations went out of business and now the lone remaining station in town has jumped to $3.15. Ahh monopoly powers. The next town over is on an Indian reservation so they do not pay the NY state gas tax, at .40cents you would expect their price to be around $2.65-2.75 but interesting enough it’s $2.95. Just enough to get people to come in. They are making a tidy little profit.

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