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re: Trump claims Americans are being gouged at the pumps
Posted on 6/24/26 at 8:30 am to Taxing Authority
Posted on 6/24/26 at 8:30 am to Taxing Authority
I get where you are going, TA
Unlike Liz and Bernie screaming into the nothing, Trump is correct that gas pump prices are always slow to come down and fast to rise
Bernie and Liz are just screaming about prices overall, while ignoring the actual markets. Trump is looking at the market and saying what we all say about slower to lower.
Unlike Liz and Bernie screaming into the nothing, Trump is correct that gas pump prices are always slow to come down and fast to rise
Bernie and Liz are just screaming about prices overall, while ignoring the actual markets. Trump is looking at the market and saying what we all say about slower to lower.
3
Posted on 6/24/26 at 8:43 am to DellTronJon
quote:
I guess he'll start shitting his pants pretty soon.
Start?
Posted on 6/24/26 at 8:45 am to stout
quote:
Maybe refineries had to clear out some of the higher-priced stock, but if that's not the case, then Trump is correct that there is gouging going on.
yet when prices rose we didn't pay cheaper prices for the cheap stock
Posted on 6/24/26 at 8:56 am to stout
quote:
I used to own a gas station
Posted on 6/24/26 at 9:01 am to stout
quote:
I get where you are going, TA
Unlike Liz and Bernie screaming into the nothing, Trump is correct that gas pump prices are always slow to come down and fast to rise
Bernie and Liz are just screaming about prices overall, while ignoring the actual markets. Trump is looking at the market and saying what we all say about slower to lower.
We're getting closer to price control Don, we've already seen public ownership of private industry this is merely the next step
Posted on 6/24/26 at 9:12 am to W2NOMO
Margins on gas are razor thin so when oil rises gas stations must immediately price in the cost of their next shipment and raise prices accordingly to increase margins on their current inventory to cover some of the price hike.
Posted on 6/24/26 at 9:13 am to W2NOMO
quote:True.
Gas at the pump is always quick to rise to reflect the price increase but always slow to drop once prices at the rack come down.
But that is a convenience, not a necessity. Bessent warned oil companies regarding this "habit of convenience" weeks ago. Insofar as GOP policy favors the oil industry, it is in the industry's interest to heed Bessent's warning.
Posted on 6/24/26 at 9:15 am to stout
quote:Correct.
Bernie and Liz are just screaming about prices overall, while ignoring the actual markets. Trump is looking at the market and saying what we all say about slower to lower.
Posted on 6/24/26 at 9:16 am to stout
quote:
Unlike Liz and Bernie screaming into the nothing, Trump is correct that gas pump prices are always slow to come down and fast to rise Bernie and Liz are just screaming about prices overall, while ignoring the actual markets. Trump is looking at the market and saying what we all say about slower to lower.
Ahhhhhh…..so even though there is not a single identifiable difference between Trumps and Sanders statements, Trump’s statement is more nuanced and correct, reflecting a 4D chesss perspective?
Posted on 6/24/26 at 9:17 am to W2NOMO
quote:
I used to wait for my competitors to dropped before I would.
That is what dad and I would do. Wait for the competition to drop first. We felt doing it first was like shooting yourself in the foot. I'm glad I'm out of that business. The chains have taking over here.
When we would see something like a war about to start or a refinery catch on fire to cause it to go up we'd fill up the tanks. No loss leader for us. We made money at everything.
This post was edited on 6/24/26 at 9:21 am
Posted on 6/24/26 at 9:19 am to leeman101
quote:
The chains have taking over here.
Yup. Once the chains know how much gas you are selling, if its enough, they will plop down right beside you.
This post was edited on 6/24/26 at 9:20 am
Posted on 6/24/26 at 9:19 am to stout
“Gouging” is a bullshite word used to appeal to the emotionally driven.
Posted on 6/24/26 at 9:23 am to Ten Bears
quote:
Ahhhhhh…..so even though there is not a single identifiable difference between Trumps and Sanders statements, Trump’s statement is more nuanced and correct, reflecting a 4D chesss perspective?
When Bernie says it, it's bad because Bernie is socialist and bad. When Trump says it, it's based and correct, because Trump is MAGA and based.
If Trump says "from each according to his ability, to each according to his needs," then that would also be based and correct, because it would then be MAGA
Posted on 6/24/26 at 9:24 am to W2NOMO
Buc-ee's has ruined it for the little guy.
Circle K's and have taking over Huntsville. Along with Twice Daily. Then there is Costco, Sam's, Bj's and now Kroger selling gasoline.
Circle K's and have taking over Huntsville. Along with Twice Daily. Then there is Costco, Sam's, Bj's and now Kroger selling gasoline.
Posted on 6/24/26 at 9:24 am to NC_Tigah
quote:
Bessent warned oil companies regarding this "habit of convenience" weeks ago. Insofar as GOP policy favors the oil industry, it is in the industry's interest to heed Bessent's warning.
Once again, actual oil companies like Chevron, Shell, Devon, Apache, etc. aren't setting the prices at QuickTriip, WalMart, or even the gas stations that have "Shell" on the sign. The owner of the actual station or franchise does.
Trump just tweeted stuff for the low-IQ folks to eat up, no different than any other politician saying or tweeting ignorant shite during election season.
Posted on 6/24/26 at 9:25 am to W2NOMO
Not really. I've seen drops as fast as hikes frequently
Posted on 6/24/26 at 9:26 am to stout
He's 100% correct.
Posted on 6/24/26 at 9:27 am to stout
I have instructed the DOJ to look into this... 
This Trump guy...F*CKS.
This Trump guy...F*CKS.
Posted on 6/24/26 at 9:30 am to Ingeniero
quote:
When Bernie says it, it's bad because Bernie is socialist and bad. When Trump says it, it's based and correct, because Trump is MAGA and based. If Trump says "from each according to his ability, to each according to his needs," then that would also be based and correct, because it would then be MAGA
It’s really sad watching posters in here that simply can’t take Trump’s cack out of their arse long enough to have a salient, independent thought.
They are the mentally softest bunch.
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