I see what you mean. Managing a smallish private tank is one thing but
I can see in a commercial op where people exercise more mobility, it's
the only way to do it. And when price change radically, everyone gets
mobile.

Dan Youngquist wrote:
On Thu, 8 Sep 2005, Maule Driver wrote:

It's nice if your local supply keeps the price based on what they paid
rather than what they's have to pay to replace it. Our guys are doing
the former and I thanks them.


It's nice that they want to be nice, but if/when the price drops,
they're going to be in big trouble. No one is going to line up to buy
the expensive fuel they bought at the top of the market, and they'll
have to sell it at a loss. Whether the price is rising or falling, the
only way for the seller to come out even is to price according to
current replacement cost. They need to make a little extra money when
the price is rising, because they _will_ lose money when the price
drops. The narrower the profit margin, the more it hurts.

Oddly, the folks who get hopping mad at merchants who won't give them a
deal when prices are rising, are never around begging to pay a higher
price so the merchant doesn't lose his shirt when prices are falling.

-Dan