Thread: A Meter of Rain
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Crowbob Crowbob is online now
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Join Date: Mar 2003
Location: NW Lower Michigan
Posts: 29,759
Quote:
Originally Posted by javadog View Post
Well, yes and no.

Does he use LIFO or FIFO?

Does he refill his tanks right before the supply comes back on line and prices fall again? A store that doesn't sell a huge volume might have more exposure.
Without getting into a fight or the minutia of accounting practices save for this universal bottom line:

The only way a gas retailer can lose is if nobody buys his gas which ain't gonna happen.
Old 09-01-2017, 09:41 AM
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