Oil companies when the price of oil goes up: "The pumps at the station immediately reflect the increased prices we have to pay for fuel"

[mainframed767@infosec.exchange]

Oil companies when the price of oil goes up: "The pumps at the station immediately reflect the increased prices we have to pay for fuel"

Oil companies when the price of oil drops: "Actually, its a very complicated system and drops in prices take time to go through the system before theyre reflected at the pump"

#gas #fuel #oil

[krupo@infosec.exchange]

@mainframed767 EV driving baby!

[johan@social.terbeest.org]

@mainframed767 @paco It’s even worse: the price at the pump is based on the expected future price, not the actual current price but only when the future price is expected to be higher. Otherwise it’s like you said: it’s a complicated system. It’s not. It’s highway robbery

[akamran@indieweb.social]

@mainframed767 @aktbar and the credulous "media" people who just repeat their self-serving bs

[pauliehedron@infosec.exchange]

@mainframed767

https://www.youtube.com/shorts/4gF_P1wqW8M

[jaykass@mastodon.online]

@mainframed767