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"They" can't raise the price if the demand isn't there. The price of gasoline is a function of (a) crude oil price, (b) demand and (c) refinery capacity (or lack of).
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I would tend to believe that, but, what about the 10 cent hikes we see
when there is a large storm predicted, like a hurricane? With no other
reason for a raise in the price, we see hikes for just about any reason what
so ever. And then, after the storm disipates, or, never even hits the coast,
the prices of gas don't fall as fast as they went up? Why is that, when the
supply has not been shut down, the demand is still the same, and the
refineries have not slowed down their production?
Also, what about the fact that oil is now in the $90 to $100 a barrel, which
is alot higher then it was last year at this time, but the price of a gallon of
gas was still almost $3.00 a gallon then? If "They" can't raise the price, and the
factors you mentioned are the ones that actually raise the price, then why
was gas the same price last year when the actual price of a barrel of oil was
less than it is today?
I believe what you are saying about what affects the actual price of a
gallon of gas, but is sure seems like there are times when the price rises for
no apparent reason other than greed.
Jim