When I was a simple clerk at a gas station living the good life of 1.75 12 bottles, the owners of gas station would stop in periodically at night, and if Joe Doaks gas station raised their price .05 then by god we raised our price .05 and if gas dropped .05 well we got to it the next day or right before closing. It has absolutely NOTHING to do with what we paid for that truckload of gas. Never thought much of it then when gas was 1.58 but now it kind of burns me.
Bring on KBIC. The other rumor I heard about that though is the quality of gas. Which remains to be tested but I am for the competition if anything to make up my own mind and keep buying gas from local stations if the quality isn't there. (I think it will be)