Join Nostr
2026-05-23 17:03:37 UTC

@ChrisMayLA6@zirk.us has moved on Nostr: One of the periodic issues in the retail fuel market is how prices 'go up like a ...

One of the periodic issues in the retail fuel market is how prices 'go up like a rocket & come down like feather' in response to energy crises.

But, fuel companies likely make little (extra) profit as prices rise as they are under scrutiny & many consumers shop around for lower prices.... however, as prices come down more slowly, fuel suppliers are under less scrutiny & consumers less worried about prices, so this is when the super-profits are quietly made.

#politics
h/t Tim Hardford/FT