Your Gas Price

Nyarlathotep said:
I filled up this morning on my way back home from Calgary, Alberta and it was 1.149 / litre (CAD)... which works out to roughly : 3.67 (USD) / gallon. Gah!
And you guys usually have cheaper prices then on the coast due to owning the oilsands!
 

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Just jumped today from $1.10 like I said earlier, up to $1.19 Cdn/L. Supposed to go up another ten cents or so any day.

--Impeesa--
 

I paid $2.52 the last time I gassed up. Today, I will gas up again, and I expect it will be $3.19 (if I get find it) or higher.

Of course, it's possible it dropped drastically overnight. *snicker* HAHAHAHAHAHAHA Oh my. I think my rice crispies were spiked.

JediSoth
 

This morning (2nd) I noticed that most places either stayed at the same price or dropped about 6 cents to 2.93. QT, however, raised their price one again. They sit at 3.19 for regular unleaded.

Kane
 

I am now suspicious.

Gas & Diesel were about the same price before the Hurricane hit (2.69 to 2.79 depending upon the station). Immediatly after the hurricane both jumped up to around 2.89.

Today?

Diesel dropped to 2.75, while gas jumped up to 3 to 3.15 a gallon. Are there seperate diesel & gasoline refineries? I thought gas & diesel came from the same plants, just diesel being easier to refine. Or are stations taking advantage of the panic mode people are in to jack the prices well over what they SHOULD be? (Gasoline being a semi-regulated industry on multiple levels).

I know prices are high. I know the wholesale price is climbing to record highs, but (in Missouri) we pay 6 cents more in tax on a gallon of diesel over gasoline. Thus we have diesel coming in at (on average) 50-60 cents cheaper per gallon.

If stations are using this disaster to pad a little extra profit into their bottom lines, I hope they send those extra profits to disaster relief efforts.

Then again, I could just be a little bit cynical when it comes to corporations. Its not like (Enron) they've (Enron) given us (Enron) any reason (Enron) not to trust them (Enron) lately.

Also, I'm glad I just moaning about the price of gas. A lot of folks are moaning about having no power, no water (drinkable that is), no food, no home, heck no family. There are people suffering a lot right now & it just ticks me off to think someone is using this for a cash grab.


Glad to live in Tornado Alley,
 



Hand of Evil said:
Learned something new today, if your gas prices increase three (3) times in one day (in USA), that is gouging and is illegal.

...and as a result, I sent picture evidence from 3 of the gas stations near my home that I took throughout a 24 hour period to our lovely government. For all the good it will do.

Funny thing is, one station went up *5* times in 2 days, starting with the day the hurricane hit, all the while decrying the horrible Big Oil Companies that forced them into it. Yet Costco? They had gas lines with over one hundred people in them because they have not raised their prices over their normal margin. Yup, everybody is over $3.00-$3.50, yet Costco has gas at $2.42 yesterday. I guess that is proof of the Costco/Big Oil conspiracy to rule the world through bulk buying and controlled margins.

It's not like it matters anyway, over 30% of the gas stations in B'ham now have signs out front stating that they have "No Gas".

Of course, I was comforted by the words of our fearless leader, when he so eloquently stated "Well, if you dont *need* gas, don't go out and buy any" as a salve to take the sting out of this new crisis. Well, that and he said something about how good Condi's new shoes look, I think. :)
 

mojo1701 said:
Unless you come up with a semi-plausible excuse. :p

Actually,

I know people who've worked in those gas stores. They are (supposed) to raise the price only when a new truck come in (the companies he worked for at least). (i.e. all the gas from the PREVIOUS truck was bought at price X, thus you must sell all of that gas at price Y; but when a new truck comes in where the gas was bought at price Z, then you raise/lower you price based on the new shipment. Thus the gas you hadn't sold yet makes either more/less profit).

Thus why prices go up fast, but take forever to go down. They don't want to lower profits on the gas they haven't sold yet.

So, a company that gets 3-5 trucks a day could (concievably) adjust prices every time the new truck pulled up. Normally prices don't zip & jag so much so the change doesn't happen, but right now gas supplies & demand are all out of whack.

And those in the East Coast are having some pipeline problems that are leading to local shortages.

Just check www.cnn.com there on top of it pretty well.
 


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