Comment Re:Everybody is wrong... (Score 1) 270
There is perfect competition in the fuels market, that's not to say the oil market has perfect competition, it does not. The price changes in the oil market have an effect on fuel prices, but it does not affect the marketing and competition among the sellers of the refined product. This is why people think there is collusion, because the price of gas is very similar at all stations in a given region and that is actually because the competition is so fierce for customers.