
Imagine going to McDonalds and buying a burger one day for a buck and the next it's a buck and a quarter. What do Taxi Cab Companies do, raise their rates by the hour? The when the gas drops in price, do they give it back by lowering their rates?
Far too many prices on so many things we deal with daily reflect on gas prices and there's just no doubt we're paying higher prices normally based on these companies figuring they'd have to have a cushion in case the rates jump quickly. Scroll down to yesterday's post where gas was only $2.03 a gallon.
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