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coonasswhodat
LSU Fan
Gonzales, Louisiana
Member since Dec 2013
3725 posts
 Online 

Gasoline
Just wondering. Shouldn’t we be at a point where 100% gas is cheaper than the 10% ethanol grade of gas?


LSUsmartass
Pittsburgh Fan
Scompton
Member since Sep 2004
80834 posts
 Online 

re: Gasoline
I have no clue...I also have no clue why the gas station down the road from me went up 10 cents over the last two days


4LSU2
LSU Fan
Madisonville
Member since Dec 2009
35327 posts

re: Gasoline
Gas is still $1.79/ gallon for 89 in most of St Tammany.


coonasswhodat
LSU Fan
Gonzales, Louisiana
Member since Dec 2013
3725 posts
 Online 

re: Gasoline
I am not refering to octane, refering to 100% gas being cheaper than 90% gas + the 10% ethanol additive.
This post was edited on 4/29 at 5:21 pm


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40
High C
Houston Astros Fan
viewing the fall....
Member since Nov 2012
33281 posts
 Online 

re: Gasoline
Gas is like crawfish. No logic on pricing because you’re going to buy it.


metguy043
Member since Mar 2018
59 posts

re: Gasoline
$1.29 in metairie


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10
PipelineBaw
LSU Fan
TX
Member since Jan 2019
1422 posts

re: Gasoline
Think you're overestimating the cost of corn


The Mick
LSU Fan
Member since Oct 2010
40431 posts

re: Gasoline
US Oil Fund did a reverse stock split


coonasswhodat
LSU Fan
Gonzales, Louisiana
Member since Dec 2013
3725 posts
 Online 

re: Gasoline
I was under the impression that our government was subsidizing the growing of corn for ethanol. I am not afraid to admit I could be 100% wrong.


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50
High C
Houston Astros Fan
viewing the fall....
Member since Nov 2012
33281 posts
 Online 

re: Gasoline
Also, if you don’t do something with your thread title, this is gonna get the anchor.


Slim Chance
LSU Fan
Member since Oct 2012
1115 posts

re: Gasoline
What I don't get is when the price of oil goes down, gas goes down but motor oil doesn't. It's also bull shite that diesel costs so much more than gas, but that's been a problem for years now.


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00
PrivatePublic
TBD Fan
Member since Nov 2012
16102 posts
 Online 

re: Gasoline
The only reason gas is not $4 above cost is because most states have laws that target obvious gouging, so gas only gouges you just enough to fly under the radar.


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02
agdoctor
LSU Fan
Louisiana
Member since Dec 2004
2699 posts

re: Gasoline
Price of ethanol is basically set by the price of gas not the cost of producing. Many if not most of the ethanol plants have shut down selling ethanol except for what is mandated by the government. Most gas blends have a limit posted on the maximum amount of ethanol it may contain but that doesn’t mean that it has any at any given time .


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10
White Roach
LSU Fan
Member since Apr 2009
7960 posts

re: Gasoline
Federal tax is ~18¢ per gallon and state tax another 20¢ per gallon. I don't know what the refining cost is, but it isn't much. 30 or 40¢ per gallon, tops. Demand is at a record low.

They're fricking us.


tickfawtiger
LSU Fan
Killian LA
Member since Sep 2005
9656 posts
 Online 

re: Gasoline
EXCEPT...as it relates to crawfish : too much rain/water= price goes up, too little rain/water= price goes up, too cold/cool= price goes up, too warm/hot=price goes UP !
Then add in the 'timing' of these events is either too early or too late...and you guessed it, price goes UP...LMAO !


footswitch
Alabama Fan
New Market
Member since Apr 2015
930 posts

re: Gasoline
Title made me click.
Me and whodat probably think alike?


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00
eScott
LSU Fan
Member since Oct 2008
10344 posts

re: Gasoline
quote:

US Oil Fund did a reverse stock split


To bad you can't short ETFs. Dilute shares/RS/repeat


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00
dbeck
Arkansas Fan
Member since Nov 2014
19079 posts

re: Gasoline
quote:

EXCEPT...as it relates to crawfish : too much rain/water= price goes up, too little rain/water= price goes up, too cold/cool= price goes up, too warm/hot=price goes UP !
Then add in the 'timing' of these events is either too early or too late...and you guessed it, price goes UP...LMAO !

Didn't realize Louisiana had such a large Jewish population.


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20
soccerfüt
Location: A Series of Tubes
Member since May 2013
42358 posts

re: Gasoline
quote:

Gas is like crawfish. No logic on pricing because you’re going to buy it.
Poontang is a better analogy.

Just saying.


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00
jimbeam
USA Fan
University of LSU
Member since Oct 2011
62282 posts
 Online 

re: Gasoline
quote:

Gas is like crawfish.
crawfish are like $0.50 right now


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