Why Gas Prices Rise Faster Than They Fall

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WHAT HAPPENS TO THE GAS THATS IN THE TANK WHEN THE PRICE STARTS TO RISE,THEY RAISE THE PRICE IMMEDIATELY AND MAKE ALOT MORE.THE SAME SHOULD HOLD TRUE AS WHEN THE PRICE FALLS,DONT SIT ON IT,YOU GREEDY B-----DS!!!!!!

LEN of ID 2:36PM August 14, 2011

Can you say P_R_I_C_E ... G_O_U_G_I_N_G ..?
The author make no sense.

Bill of TN 9:33AM August 14, 2011

Prices may not fall the gas stations may have just purchased 8000 gallons the day before, but that doesn't explain why the prices rise so quickly at the pump if the opposite senario is true. If the gas stations just purchased 8000 gallons of cheap gas the day before prices should not go up so quickly, but they do!

Tom of NY 8:03AM August 14, 2011

Oil companies have been reporting record profits for many quarters now. As another commenter said: greed, greed, greed. But only because the government has allowed oil companies to consolidate over the past 40 years, greatly reducing the number of competitors. The government mantra seems to be to hell with the Sherman Anti-Trust Act.

BumpThumper of TX 1:42AM August 14, 2011