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Should we have a more frequent price update? a At its five year review, the pricing mechanism for dedicated LPG was modified to update the international LPG price component once a month as opposed to twice a year. the thought of more frequent price adjustments upset some in the taxi trade. one transport union official complained that since dedicated filling stations received land premium-free they "should bear the fluctuation of fuel prices and not put the pressure on us. Will a firm consider the cost of land when making a decision to shut down or not ( or more broken nozzles or not? Land cost is a fixed cost, not variable cost! 1010 Should we have a more frequent price update? ◼ At its five year review, the pricing mechanism for “dedicated LPG” was modified to update the international LPG price component once a month as opposed to twice a year. The thought of more frequent price adjustments upset some in the taxi trade. One transport union official complained that since dedicated filling stations received land premium-free, they “should bear the fluctuation of fuel prices and not put the pressure on us.” ◼ Will a firm consider the cost of land when making a decision to shut down or not (or more broken nozzles or not)? ◼ Land cost is a fixed cost, not variable cost!!
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