Thread: Lake Gas
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Old 07-25-2007, 04:28 PM   #90
sa meredith
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Default 3.89?????????

3.89...is that true?
Interesting. I'm certainly not trying to start a rumor, but a very good friend of mine owned a Sunoco station for many years.And he told me, several times, when an independently owned station is pricing their gas way over the "market", it's because of one of two reasons...
1. They owe their supplier and can't afford to pay them, so they over price what they do have, figuring if they sell it, it might as well be worth their while, because they may not have more for a while.
2. Their past problems have put them on a COD basis with their suppier, and the cash is not in place, so with no delivery forth coming the same as above applies.
Why would they price their gas 12 to 14 percent higher than everyone else?
Is there that much traffic over by long island?
Seems strange.
And, as you stated in your post..."they were out of gas."
The theory may have some truth.
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