CSPAN Key Capitol Hill Hearings June 22, 2024
Owner of the company. I dont really know how many are left. The lastplace oil company said it price of gasoline is at the wholesale distribution point, which is known as the rack. I could go on for an hour about this. When the market goes down they move those prices down. It is too competitive at the wholesale level. You cant have too high a price because people will run away. If i am the owner of the station im going to keep my price up as long as i can. They are out of that business. The exxon...
Source: archive.org