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Weekly Fuel Price System
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<blockquote data-quote="RENESIS VIII" data-source="post: 1064689982" data-attributes="member: 135215"><p>A dangerous territory to step into. </p><p></p><p></p><p></p><p>Just happens that there are a lot of people living in my house. <img src="https://zerotohundred.com/forums/styles/default/xenforo/smilies/biggrin.gif" class="smilie" loading="lazy" alt=":biggrin:" title="Biggrin :biggrin:" data-shortname=":biggrin:" /></p><p></p><p></p><p></p><p>Our identity also is probably known by many. </p><p></p><p></p><p></p><p>So, our pace has slowed down and others are beginning to catch up. You are right on this and I'm not denying it. </p><p></p><p>This latest news about this fuel price system makes the whole thing sound ridiculous. At first they mentioned that the ceiling price is there to encourage a healthy competition among fuel stations. But now, they make the idea of selling petrol lower than ceiling price into something troublesome that requires approval. For sure all the stations are going to sell at the ceiling price itself due to the trouble that they need to go through in order to give discount.</p><p></p><p>Already the price of petrol will change every week, I don't think stations will bother to do any price lowering. Profit is already uncertain for them. If lets say they give like 5 cents discount this week and suddenly next week the fuel ceiling price drops by 20 cents. They are going to make even more loss because they din't earn much to cover up due to the discount given. Selling it at the ceiling price itself will be the safer option for them.</p></blockquote><p></p>
[QUOTE="RENESIS VIII, post: 1064689982, member: 135215"] A dangerous territory to step into. Just happens that there are a lot of people living in my house. :biggrin: Our identity also is probably known by many. So, our pace has slowed down and others are beginning to catch up. You are right on this and I'm not denying it. This latest news about this fuel price system makes the whole thing sound ridiculous. At first they mentioned that the ceiling price is there to encourage a healthy competition among fuel stations. But now, they make the idea of selling petrol lower than ceiling price into something troublesome that requires approval. For sure all the stations are going to sell at the ceiling price itself due to the trouble that they need to go through in order to give discount. Already the price of petrol will change every week, I don't think stations will bother to do any price lowering. Profit is already uncertain for them. If lets say they give like 5 cents discount this week and suddenly next week the fuel ceiling price drops by 20 cents. They are going to make even more loss because they din't earn much to cover up due to the discount given. Selling it at the ceiling price itself will be the safer option for them. [/QUOTE]
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