Gas prices conundrum and energy questions boggle, so I asked why fuel prices rise when there is no change in the amount held by the gas stations.

Petrol Tank Gas Pump: Pixabay

The economic explanation was that stations hedge against the future cost of fuel based on the market’s daily movement.

When demand is high and data represents a fluctuation in crude prices, stations are directed to raise fuel prices. Local fuel taxes vary greatly and can rise unexpectantly resulting in hurt at the…

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