Milk, bread, etc. are sold at local gas stations. If they had an item that cost 50 cents and sold for $1 and then the price rose to 75 cents then keeping the same profit margin the store owner would have to sell it for $1.50. This would be for the new products only. The gas sold should be treated the same way, not arbitrarily increased.

For instance if a tanker of gasoline is received and it cost $2.50 per gallon and the last shipment cost $2.25, the price would be raised to recoup the cost increase. It would only be changed after the tank was almost empty.

As gas prices fluctuate on world markets the gas in the tank would either increase or decrease in value, but that should not affect gas prices we pay. I don’t know how oil companies buy gas. What we pay should be reflected in the cost of delivered gas not on bidding and speculation.

Samuel B. Heltzel

Vicksburg