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Demystifying the Price at the Pump [Episode 189]
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Leadersmith | Darin Gerdes द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Leadersmith | Darin Gerdes या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
Have you ever wondered why gas prices go up and down? In this episode, I will explain how gas stations determine what they charge you at the pump. I will explain how the price of crude, supply and demand, local competition, and most importantly the gas station’s real business model—which is not what you think—all connect to get to the amount you are charged at the pump.
For this episode, I use a number of publicly available oil charts and an excellent article about the price of gas by Zachary Crockett (Thanks, Zack!):
https://thehustle.co/why-most-gas-stations-dont-make-money-from-selling-gas/
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