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Message
Why do gas stations still use fractions in gas prices in 2026?
Posted on 4/29/26 at 7:33 am
Posted on 4/29/26 at 7:33 am
Instead of $3.99 9/10 just list it as $3.99 or $4.00. stock market gave up on fractions decades ago.
Why are we still counting tenths of cents?
Why are we still counting tenths of cents?
This post was edited on 4/29/26 at 7:35 am
15
Posted on 4/29/26 at 7:35 am to CAD703X
To rip us off
Posted on 4/29/26 at 7:37 am to CAD703X
Because it works
Posted on 4/29/26 at 7:40 am to CAD703X
Because they make an extra 0.9 cents per gallon without most consumers thinking about it.
If they charged 3.99, they'd lose the money. If they charged 4.00, most consumers would realize the reality.
Not hard stuff here.
If they charged 3.99, they'd lose the money. If they charged 4.00, most consumers would realize the reality.
Not hard stuff here.
This post was edited on 4/29/26 at 7:42 am
Posted on 4/29/26 at 7:42 am to CAD703X
Round up for the wealthy indian owner to live in a gated community
Posted on 4/29/26 at 7:43 am to CAD703X
Odd price theory.
Posted on 4/29/26 at 7:44 am to Gravitiger
quote:
If they charged 4.00, most consumers would realize the reality.
And then what? Not get gas?
Posted on 4/29/26 at 7:48 am to CAD703X
Posted on 4/29/26 at 7:50 am to RonFNSwanson
quote:In the aggregate, there would probably be less gas sold, yes. I'm sure these companies have good enough consumer analytics to know they're gonna make more money as a whole selling gas at 3.999 than at 4.00.
And then what? Not get gas?
Posted on 4/29/26 at 7:55 am to CAD703X
quote:
Why do gas stations still use fractions in gas prices in 2026?
quote:Don't think of it as fractions.
Instead of $3.99 9/10 just list it as $3.99 or $4.00. stock market gave up on fractions decades ago.
Think of it as decimals.
While the stock market stopped using fractions, it still uses decimals.
This post was edited on 4/29/26 at 8:05 am
Posted on 4/29/26 at 7:57 am to Salviati
Oops
This post was edited on 4/29/26 at 7:59 am
Posted on 4/29/26 at 7:58 am to Salviati
Ooops. 9/10
This post was edited on 4/29/26 at 7:59 am
Posted on 4/29/26 at 8:00 am to Gravitiger
quote:Highly debatable. People get gas when the tank is nearly empty. Most of the time, they can’t simply wait to get gas when/if the price drops.
If they charged 3.99, they'd lose the money. If they charged 4.00, most consumers would realize the reality.
You have those who go to the same company, or those who go to the cheapest place they see. Neither party will not get gas because the sign is showing $0.01 more per gallon unless a nearby station is cheaper. If everyone does away with the fraction system, then it makes no difference.
Posted on 4/29/26 at 8:04 am to kywildcatfanone
Still seeing new gas stations being opened in BR and many closing as well. I believe most of the profits comes from what's sold inside, hot food, liquor, etc.
Posted on 4/29/26 at 8:05 am to Gravitiger
quote:
And then what? Not get gas?
In the aggregate, there would probably be less gas sold, yes. I'm sure these companies have good enough consumer analytics to know they're gonna make more money as a whole selling gas at 3.999 than at 4.00.
Dude. Gas is a commodity. You don't give up a commodity over a penny.
OP is absolutely right and you are overcomplicating it.
Posted on 4/29/26 at 8:08 am to Gravitiger
quote:
In the aggregate, there would probably be less gas sold, yes
Posted on 4/29/26 at 8:10 am to CAD703X
They all do it because no one wants to be the one to stop doing it, ceding a penny advantage to their competitors. Not that I’m advocating for it, but short of across the board legislation, this isn’t changing.
Posted on 4/29/26 at 8:13 am to CAD703X
Andy Rooney did a bit on 60 Minutes where he went to gas stations, asked for exactly one gallon of gas (marked at say $1.89.9), handed them $1.90 and asked for his change. Bewilderment ensued.
Posted on 4/29/26 at 8:20 am to CAD703X
How about the cash vs credit card price? Difference is far more than 1/10 of 1 cent.
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