re: #151 ggt

Really, I still think it has to do with “what the market will bear”. If they could justify $8 gallon, they would do it.

It’s the shareholders that matter, not the buyers.

That too of course. They always over compensate when they raise the retail gasoline prices. You would think their profits would remain near normal but the reverse is true. Like in 2008 when gasoline prices skyrocketed. They set record profits at the same time.