20 Jul 12 06:25, TOM WALKER wrote to ROY WITT:

 RW>> RN> I don't remember the last time I saw gas under $3.

 RW>> It's been a while, hasn't it...gas prices should be lower, since oil
 RW>> has been $20 cheaper a barrel, but gasoline suppliers aren't going
 RW>> to budge off of their profits without an incentive to lower prices.
 RW>> It is summer, so I don't expect gas prices to get any lower until
 RW>> September, after school starts.

 TW> Some years back the ARCO Rep put it plainly like it is. Gasoline
 TW> Prices have NORE to do with what the Traffic wil bear then the Price
 TW> fo a Ba rell of Oil. and of course it goes up at a blink of an Eye
 TW> but weeks weeks to come down when the Barrel prices change.

That's what my dad always said. He owned a Texaco and a DX station. One
was on Main St, going downtown. The other was on the highway going through
town. Gas was always cheaper at the Main St. Texaco than it was at the
highway station.

 TW> Also here the Arco Stations are computer monitered and the price
 TW> goes down at a particular station when it's sales fall a bit and go
 TW> up as sales rise to follow the "Whatever the Traffic Will Bear"
 TW> system.

That's probably better than getting a phone call from corporate
headquarters telling the owner to change the pump price...back in those
days there was no requirement to post pump prices like we see today, so
the price was always a surprise when you got to the pump.

                R\%/itt

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 * Origin: Roiz Flying \A/ Service * South Texas * USA * (1:387/22)