2 ms·
Not sure I'm following you here. We're talking about the costs of doing business and how that might reflect in the retail price of gasoline. At this moment th
by rootusrootus 4y ago
Not sure I'm following you here. We're talking about the costs of doing business and how that might reflect in the retail price of gasoline. At this moment the price of gasoline in Washington is less than one penny different from Oregon. This whole discussion is hypothetical, of course, because there is a lot more that goes into the cost & price of gasoline than just employee wages and liability insurance. But to the original question of "is gas more expensive in Oregon?" the answer is "No."
- jdminhbg 4y ago> Not sure I'm following you here. What I'm pointing out is that the issue is not that insurance and labor costs wash each other out, or the rest of the country would have more than zero full-service stations. Here is a recent academic paper that models the cost of labor: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4064061 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4064061