2min chapter

Freakonomics Radio cover image

Introducing “The Economics of Everyday Things”

Freakonomics Radio

CHAPTER

Gas Prices Get Worse When Prices Go Up

When gas gets more expensive, that business model gets screwed up. Many of these station owners make less money as prices go up than when they are low. Beer gas prices also mean more problems outside at the pumps. Most tanks are not locked because deliveries come at night.

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