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TopicFox News believes gas prices are falling too quickly.
archedsoul
07/16/22 6:59:11 PM
#21:


uwnim posted...
All lower gas prices would do is lower revenue, but at worst, it would be lowering revenue at the same rate it lowers costs so there'd be like no change. In reality, lower fuel prices means people have more money to spend on higher margin items, so lower fuel prices would be good for them.
Nah, the issue that the WSJ brought up was that if the price falls too fast, gas stations that are farther out and take longer to get through an order would lose out on the margin as they would have to lower prices to compete even though they paid higher. Adding in increasing cc tx fees would lead to a loss for some.

But yeah, the increased foot traffic inside should help offset that. I don't think Fox itself was bitching or anything. Just pointing out how owners gotta think about that.

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