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Dizzying gas prices often outside a retailer's control
Drivers are facing near-daily price changes as the national average climbs, with some stations raising and lowering prices several times a day, experts said.
- On Wednesday, April 8, 2026, U.S. gas prices reached their highest levels in years, creating daily volatility that leaves drivers frustrated and feeling cash-strapped.
- Global market volatility, driven by war and supply chain disruptions, shifts wholesale fuel prices multiple times daily, forcing retailers to constantly adjust pump prices.
- Jeff Lenard, Vice President at NACS, explained that retailers are "price takers," noting that individual stations rarely profit from extra pennies charged when wholesale costs rise.
- Fluctuating wholesale prices complicate consistent sales pricing for small operators, as Lonnie McQuirter, director of operations at 36 Lyn, observed.
- Experts warn that sustained high prices could eventually hurt demand, as consumers remain cautious about spending while facing significant uncertainty at the pump.
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13 Articles
13 Articles
The Billings Gazette+3 Reposted by 3 other sources
Dizzying gas prices often out of retailers' control
DES MOINES, Iowa — The near-daily changes in U.S. gas prices are dizzying for drivers, who are left feeling frustrated and cash-strapped by the highest fuel costs since 2022.
·Billings, United States
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Coverage Details
Total News Sources13
Leaning Left2Leaning Right0Center11Last UpdatedBias Distribution85% Center
Bias Distribution
- 85% of the sources are Center
85% Center
15%
C 85%
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