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Why are gas prices still so high?

Posted on 3/19/20 at 10:39 am
Posted by The Shed
Member since Mar 2019
816 posts
Posted on 3/19/20 at 10:39 am
Oil has tanked yet we are still paying close to two bucks a gallon. Why? Profit takin? According to the numbers, we should be paying around 1.40 gal. Any of you truck nut baws want to weigh in?
Posted by McCaigBro69
TigerDroppings Premium Member
Member since Oct 2014
45088 posts
Posted on 3/19/20 at 10:41 am to
There is literally a thread about a gas station charging $0.99/gal on the front page.
Posted by sweetwaterbilly
Member since Mar 2017
19351 posts
Posted on 3/19/20 at 10:41 am to
I was wondering this morning how much gas is at that Bocage gas station on Jefferson? Any of you BR folks know? That shite is always like 30+ cents higher than anywhere else. Cheapest I saw it today outside of Nashville was $1.83
Posted by theCrusher
Slidell
Member since Nov 2007
1141 posts
Posted on 3/19/20 at 10:42 am to
The priced is based on the cost of the gas already produced and in the tanks.
Posted by lsu tigerdog
Baton Rouge
Member since Nov 2007
248 posts
Posted on 3/19/20 at 10:43 am to
$1.55 gas at sams in denham springs
Posted by jaTigerfan
Nashville
Member since Oct 2011
2091 posts
Posted on 3/19/20 at 10:43 am to
I haven't been driving much in the past few weeks but is seems some places are slowly falling and some are holding steady around $2
Posted by UpToPar
Baton Rouge
Member since Sep 2008
22165 posts
Posted on 3/19/20 at 10:45 am to
The trickle down effect is not immediate. Those gas stations still purchased their current supplies at a higher price because their current supplies were refined when a barrel of oil was priced higher.
Posted by LoneStarRanger
Texas/Europe
Member since Aug 2018
2404 posts
Posted on 3/19/20 at 10:45 am to
1.65/gal in TX
Posted by GEAUXT
Member since Nov 2007
29279 posts
Posted on 3/19/20 at 10:47 am to
Prices in St. Tammany are the same they were a month ago
Posted by Lawyered
The Sip
Member since Oct 2016
29490 posts
Posted on 3/19/20 at 10:48 am to
Got it for 1.62 last night
Posted by OweO
Plaquemine, La
Member since Sep 2009
114040 posts
Posted on 3/19/20 at 10:50 am to
Were you around during the Summer of 08?
Posted by PrivatePublic
Member since Nov 2012
17848 posts
Posted on 3/19/20 at 10:51 am to
Gas stations are going to charge whatever people are willing to pay. This isn't rocket science.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65899 posts
Posted on 3/19/20 at 10:52 am to
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 3/19/20 at 10:59 am to
probably need to empty tanks of old price at your station.

in a month it will be way lower all.over.
Posted by Codythetiger
Arkansas
Member since Nov 2006
27638 posts
Posted on 3/19/20 at 11:00 am to
$2.19 in Arkansas

WTF
Posted by Jim Rockford
Member since May 2011
98335 posts
Posted on 3/19/20 at 11:00 am to
1.79 here yesterday
Posted by Landmass
Member since Jun 2013
18187 posts
Posted on 3/19/20 at 11:17 am to
I saw gas in Southaven, MS for $1.49 yesterday.
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