Quote:
Originally posted by Mmmm, Burger (C.J.)
Except that they don't post prices where they can see what everyone is charging. They find it out because wholesalers don't purchase as much and they adjust.
BTW, federal excise tax I've learned is usually paid upon distribution at a terminal. State taxes are paid at the pump by the retailer.
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Who owns the terminals?
How do they know when to raise prices?
