LIFO vs FIFO
The simple answer is that you are paying for the gas stations anticipated cost to replace the less expensive oil he had in his tank at the time of your purchase.
I'm by no means an expert on this.. but this is an article, albeit a bit old, that explains it. (I think )
http://marketingtopics.blogspot.com/...lifo-fifo.html
__________________
"Before you criticize someone, walk a mile in his shoes. That way, if he gets angry he'll be a mile away and barefoot!" unknown
|