Twice now I’ve purchased gasoline before my morning commute, and returned home to find prices have been raised by a nickel or thereabouts. My best guess is that the stations don’t raise their prices until after 8:00 a.m. or so, when the managers show up for the day shift (since the poor underpaid bastards working the graveyard shift aren’t about to leave their bulletproof box in the wee hours). Casual observation of other stations in my area suggests that the pattern is reproduced at other stations besides the two I frequent. So the myth about saving money on gas in the morning may be true, just for completely different reasons. As always, of course, your mileage may vary.
Comments:
1 Comment posted on "An Urban Myth Reexamined"
McWaid on June 12th, 2008 at 11:52 AM #
Well from my days of working at a gas and booze we would reset the prices after each gas delivery. And if the owner was short on gas he’d only order the bare minimum to get by for a day or two and then order again when he had a little more liquidity. Out of self-preservation when he would pull that stunt with the gas we’d cash our paychecks at the cash register as soon as we got them since there was a good chance that the paycheck would bounce if you took it to the bank. |