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>They jack them up in the summer and then come fall the small decreases seem like a screaming deal. Who is they? There is a supply and demand issue with summe
by briancooley 18y ago
>They jack them up in the summer and then come fall the small decreases seem like a screaming deal.
Who is they? There is a supply and demand issue with summer gasoline that tends to force prices up.
I don't think Apple can claim the same thing.
- ajkirwin 18y agoOPEC. They cut production if the price falls too much.
- briancooley 18y agoThat's the price of oil, not the price of gasoline. While increasing oil prices will cause gasoline prices to rise, the effect in question - that gasoline prices in the US historically go up in the spring and summer - is related to the gasoline supply tightening up because of the switch from winter to summer gasoline specifications and increasing demand because of summer vacations, not because of a reduction in the crude oil supply. OPEC production increased about 3% from January to August this year. I'm getting too far off topic, I guess.