Sigh... NOW the gas prices drop.

[Tail_Gunner]

Re: Sigh... NOW the gas prices drop.

I don't find it funny at all!

Yes they are becoming very brazen but its completely legal. How would you like to own a business where cutomer perception means little after all they are the only game in town..Bad business when you control the supply origin and retain distribrution. I truly do not like govt sticking it's nose in business but someones has to watch the hen house.. self regulation with a commodity that is not bound by supply and demand is a very bad concept

 

[WIMUSKY]

Re: Sigh... NOW the gas prices drop.

EVEN BETTER!!! I topped off the propane tank (home heating) and it was $1.48 a gallon, lowest its been in years. Funny to me because the price of oil has zero to do with propane, go figure...

We're locked in at $1.39 for the winter. Like you said, hasn't been this low in a while........

 

[mscher]

Re: Sigh... NOW the gas prices drop.

Isn't it totally amazine that we think when gas drops below $3 dollars a gallon that we are some how getting a great deal. When in reality gas should cost around a dollar a gallon period! Do the math! :facepalm:

Why should we be paying the same price for gasoline, as 25 years ago? No other commodity is priced that way.

Just curious.

 

[hottoddie]

Re: Sigh... NOW the gas prices drop.

Yes they are becoming very brazen but its completely legal. How would you like to own a business where cutomer perception means little after all they are the only game in town..Bad business when you control the supply origin and retain distribrution. I truly do not like govt sticking it's nose in business but someones has to watch the hen house.. self regulation with a commodity that is not bound by supply and demand is a very bad concept

You can't convince me that the big oil companies aren't in colusion with each other to manipulate prices, Last I knew it was against anti trust laws to price fix. Does the commerce dept give a crap. :mad-new:

 

[korygrandy]

Re: Sigh... NOW the gas prices drop.

Ours went from $3.09 to $3.39 today.

+1 on that, the prices have been fluctuating quite a bit in the past month around MN.

I can remember when it topped $3/gallon for the first time and the entire nation was reporting on gas theft. People were coming up with some creative ways too if I don't recall.

Just like taxes, the price of gas will never go down, and only go up. We my as well pretend $2 is really $1...especially with that fecal cliff they keep talking about.

 

[aspeck]

Re: Sigh... NOW the gas prices drop.

A few of these posts are treading very close to the political line ... maybe even crossed it a little. Let's reign it back, guys ...

Gas is $3.45 here. I travel 50 miles and it is $3.29. Went to New York City over the weekend and paid $3.19 just a few miles before crossing the Hudson. Go figure ...:facepalm:

 

[DECK SWABBER 58]

Re: Sigh... NOW the gas prices drop.

Tis the season to be jolly, fa la la la la, la la la la. :laugh:

 

[TilliamWe]

Re: Sigh... NOW the gas prices drop.

Yes they are becoming very brazen but its completely legal. How would you like to own a business where cutomer perception means little after all they are the only game in town..Bad business when you control the supply origin and retain distribrution. I truly do not like govt sticking it's nose in business but someones has to watch the hen house.. self regulation with a commodity that is not bound by supply and demand is a very bad concept

Oh I was not implying that I think there should be more control over pricing, I just don't like the way it's done.
Here in Peoria, everytime they do a gas price story, then interview this one station owner, who is brazen enough to say he LOSES a penny a gallon due to credit cards. Well, considering he's almost always priced 5 to 10 cents higher, I have to assume every station loses 6 to 11 cents? Hogwash.
The oil company's profit margins stay about the same, (10%) so it must be the wholesaler at the rack that makes the extra profit? Either way, the price is manipulated every day, and I don't think that's funny, at all.

Illinois has laws in place, but they don't enforce them, except for times like after 9-11 where gas went up over $2 a gallon overnight, for no reason. Casey's General Stores got nailed on that one, big time!

 

[Tail_Gunner]

Re: Sigh... NOW the gas prices drop.

Notice to the mod's if this post is to much plz just delete it. I am just trying to illuminate or bring transparency to some issue's..

Here is a example of how things work....faint2:

http://abcnews.go.com/US/wireStory/trains-playing-major-role-plains-oil-boom-18083737

Delivering oil thousands of miles by rail from the heartland to refineries on the East, West and Gulf coasts costs more, but it can mean increased profits — up to $10 or more a barrel — because of higher oil prices on the coasts. That works out to about $700,000 per train. Now just who own's that rail line....

Buffett's Union Pacific Rides Hydrofracking To Record High Stock Price

Plz keep the polictical comments out or this thread will be locked...Just be aware be informed.

 

[Tail_Gunner]

Re: Sigh... NOW the gas prices drop.

To heck with politics, I'm just glad I can fill my pick up for under a $100.

Well said..i go off on this subject due to the fact i am in the auto ind point of sale. Every day i see young people who are just struggling to make thing's work...it can get to your mind after a while when you see a young family trying to go from a small car to a mpv suv trying to accomdate there family...The fuel bill double's and that they cannot afford it believe me i see there entire portfolio. Imagine if you will a young family budgeting for a 300 payment and then have to budget 400 a month for gas.Take a bus maybe..plz a young mother working... kids in school mass transit..... what a weak solution.