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Posted May 10, 2015 10:33 · last edited May 10, 2015 10:36

Basically you've got:

Price of oil

Tax

Supply

Demand

Competition.

The price of a barrel of oil being just one of these factors - it is the one that is most consistent across each petrol station (and tax). So Price of barrels increase = price at all stations increase. Whereas demand and competition (and perhaps supply?) is what creates differences in price between each petrol station. 

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Tegal edited May 10, 2015 10:36

Basically you've got:

Price of oil

Tax

Supply

Demand

Competition.

Tegal edited May 10, 2015 10:34

the price of oil would come under supply. You've also got to factor demand and competition.