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re: This feels like a race to the ceiling re:gas prices.
Posted on 3/5/22 at 3:30 pm to TutHillTiger
Posted on 3/5/22 at 3:30 pm to TutHillTiger
And not one mfering gallon of gas you buy over the next two weeks cost one cent more to make etc.
This is pure arse price gouging. I remember 30 years ago he econ professor explained it like this.
As soon as gas station owners find out that gas is going to be more expensive they raise the prices on the pumps even though the gas and their storage tanks has not increased in price one fricking penny. When gas prices have sudden decreases, they don’t do the same thing.
this is exactly why I buy all my gas at Costco or Sam’s. They don’t do that stupid shite. I am paying cost plus their percentage that’s it. Right now their gas is about $.30 cheaper than the rest of fricking mobile
This is pure arse price gouging. I remember 30 years ago he econ professor explained it like this.
As soon as gas station owners find out that gas is going to be more expensive they raise the prices on the pumps even though the gas and their storage tanks has not increased in price one fricking penny. When gas prices have sudden decreases, they don’t do the same thing.
this is exactly why I buy all my gas at Costco or Sam’s. They don’t do that stupid shite. I am paying cost plus their percentage that’s it. Right now their gas is about $.30 cheaper than the rest of fricking mobile
6
Posted on 3/5/22 at 3:36 pm to TutHillTiger
quote:
And not one mfering gallon of gas you buy over the next two weeks cost one cent more to make etc.
Margins do look pretty incredible right now though.
This post was edited on 3/5/22 at 3:37 pm
Posted on 3/5/22 at 3:58 pm to TutHillTiger
quote:
And not one mfering gallon of gas you buy over the next two weeks cost one cent more to make etc.
Wow, it’s almost like it’s a commodity or something, huh? I’m glad no other items fluctuate in price on a daily, nay, hourly basis.
Posted on 3/5/22 at 4:01 pm to TutHillTiger
quote:
This is pure arse price gouging. I remember 30 years ago he econ professor explained it like this.
As soon as gas station owners find out that gas is going to be more expensive they raise the prices on the pumps even though the gas and their storage tanks has not increased in price one fricking penny. When gas prices have sudden decreases, they don’t do the same thing.
I said many a time that the average Joe screaming to expect hikes causes a percentage of the swing and pushes up the timeline
The second they have cover of expectations they eat up that profit
Posted on 3/5/22 at 5:52 pm to TutHillTiger
quote:
And not one mfering gallon of gas you buy over the next two weeks cost one cent more to make etc.
This is pure arse price gouging. I remember 30 years ago he econ professor explained it like this.
As soon as gas station owners find out that gas is going to be more expensive they raise the prices on the pumps even though the gas and their storage tanks has not increased in price one fricking penny. When gas prices have sudden decreases, they don’t do the same thing.
this is exactly why I buy all my gas at Costco or Sam’s. They don’t do that stupid shite. I am paying cost plus their percentage that’s it. Right now their gas is about $.30 cheaper than the rest of fricking mobile
what a gripe. you don't think they will pay more for the next tank? It's a little exploit, who cares. They risked opening that business to sell you gas for convenience. They have costs going up too. Sounds like you already found a solution at Costco and Sams. Don't hate on the little guys.
Posted on 3/5/22 at 6:11 pm to TutHillTiger
quote:
As soon as gas station owners find out that gas is going to be more expensive they raise the prices on the pumps even though the gas and their storage tanks has not increased in price one fricking penny. When gas prices have sudden decreases, they don’t do the same thing.
Do they pay on delivery or after it’s used? If they anticipate high prices on their next order, don’t they need to charge more up front so they can pay for the next order?
Posted on 3/5/22 at 10:54 pm to TutHillTiger
quote:
And not one mfering gallon of gas you buy over the next two weeks cost one cent more to make etc.
A poster here owns a few gas stations and said the opposite. That he was taking a loss
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