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re: Trump claims Americans are being gouged at the pumps

Posted on 6/24/26 at 9:43 am to
Posted by AUveritas
Member since Aug 2013
3938 posts
Posted on 6/24/26 at 9:43 am to
I feel much more gouged by the insurance and healthcare industries.
Posted by Flats
Member since Jul 2019
28738 posts
Posted on 6/24/26 at 9:56 am to
quote:

no different than any other politician


That's been painfully apparent for some time now.

He's not a Nazi, he's not the devil, he's not trying to be king. But he's also not some transformative figure, sacrificing his well being as he fights for the little guy.

He's just another politician.
Posted by TigerMyth36
River Ridge
Member since Nov 2005
41793 posts
Posted on 6/24/26 at 10:03 am to
True but it has been slower than normal to drop. As much as people whine about prices, they don't necessarily stop going to their normal gas station even though the guy right across the street is 40 cents cheaper.

Pre Katrina, almost every gas station had the same price. Except for that clown on Claiborne across from Tulane who was always higher than anyone else.

Now you can see HUGE differences in price because people still go to the spot they like and are used to going to.

I used 40 cents because on the way home from work, that is the difference between 2 gas stations. Right across from each other but on two different sides of Jeff Hwy.
Posted by loogaroo
Welsh
Member since Dec 2005
43437 posts
Posted on 6/24/26 at 10:12 am to
quote:

the collapse of BP’s stock value due to the Gulf disaster


I don't even know where to start with that royal clusterfrick.

The fraud was off the charts. I have buddies that got BP money for their crawfish ponds.

Had guns drawn on my boat by the coast guard in Vermillion Bay.

There were not letting anyone in the Gulf at that time.

I wish I could have bought a condo at Turquoise Place. They were giving those things away right after the spill, and now they are worth more than double.
Posted by Undertow
Member since Sep 2016
9274 posts
Posted on 6/24/26 at 10:14 am to
The one by me was $2.98 yesterday and this morning but it inexplicably just went back up to $3.39 sometime today. It doesn’t make any sense, oil is dropping like a rock.
Posted by FLTech
he/won
Member since Sep 2017
29195 posts
Posted on 6/24/26 at 10:22 am to
There is a local mom pop type gas station by my house and over the years I have became somewhat friends with the owner of the station just because I am in there almost every day. He said that the way he prices gas for his station is 3 months in advance. He prices now what he thinks the gas will cost 3 months down the road. He said that the quick trip and racetracks down the street price the exact same way.

I don't know much about it but I tend to believe that he knows that he's talking about considering the gas station has been there since the 90s
Posted by BobBoucher
Member since Jan 2008
18856 posts
Posted on 6/24/26 at 10:36 am to
Risk drives it up.

Market competition drives it down.
This post was edited on 6/24/26 at 10:39 am
Posted by tigerfoot
Alexandria
Member since Sep 2006
61676 posts
Posted on 6/24/26 at 10:45 am to
quote:

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. I used to wait for my competitors to dropped before I would. It’s not just big oil. It’s distributors and retailers too.
This is infuriating to me, oil goes up and prices go up "you are paying for the next delivery", Goes down and it is "well, the gas in the tanks was high"

As a trucking business owner, this is a huge problem. Do you raise prices, or do you wait it out, hard to raise prices when you are seeing oil drop. But until it reflects at the pump you just take an arse whipping.
Posted by TenWheelsForJesus
Member since Jan 2018
11694 posts
Posted on 6/24/26 at 2:24 pm to
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?


Ahhhhhh.....so you don't understand context. That's really not surprising considering the number of times you people misinterpret Trump's words.
Posted by LSUgrad88
Member since Jun 2009
9367 posts
Posted on 6/24/26 at 2:27 pm to
quote:

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. I used to wait for my competitors to dropped before I would. It’s not just big oil. It’s distributors and retailers too.


And anyone with a functioning brain knows this.
Posted by Big Scrub TX
Member since Dec 2013
40159 posts
Posted on 6/24/26 at 2:28 pm to
quote:

gouging
Pray tell, what does this mean, comrade?
Posted by Big Scrub TX
Member since Dec 2013
40159 posts
Posted on 6/24/26 at 2:30 pm to
quote:

so the huge margins on fountain drinks and the hot box were what I cared about.
So you wanted to gouge on other items, not gas? Fair.
Posted by Big Scrub TX
Member since Dec 2013
40159 posts
Posted on 6/24/26 at 2:31 pm to
quote:


Don’t forget the traders like Vitol and Trafigura.
What are you alleging they are doing exactly?
Posted by captainFid
Never apologize to barbarism
Member since Dec 2014
11168 posts
Posted on 6/24/26 at 2:33 pm to
Someone with more expertise than me, but when I stated this recently, I got hammered... lol.

Quick jumps, very slow falls, milking mucho profit along the way -- In part because we're just glad it's not as high as it was.
Posted by tiger1616
Member since May 2020
765 posts
Posted on 6/24/26 at 2:43 pm to
Not at all what he said. Regular margins on gas and food are good already so what he’s saying(I think). Fountain drinks are crazy profitable. Bag of syrup and a tank, cups and straws and that one bag of syrup makes great money.
Posted by Big Scrub TX
Member since Dec 2013
40159 posts
Posted on 6/24/26 at 2:55 pm to
quote:

Not at all what he said. Regular margins on gas and food are good already so what he’s saying(I think).
What is "gouging" if not "huge margins"?
Posted by Ten Bears
Florida
Member since Oct 2018
5207 posts
Posted on 6/24/26 at 3:07 pm to
quote:

Ahhhhhh.....so you don't understand context. That's really not surprising considering the number of times you people misinterpret Trump's words.


Lmao at, checks notes, “misinterpret Trump’s words”…are you for real? There is no context, and only a person that doesn’t speak English, or was in kindergarten, would misinterpret what Trump said.

You cannot even acknowledge that Trump said the exact same thing that the socialist Bernie Sanders said. Instead, you stupidly imply that there is some “context” that only you can understand that us “ignorant folk” fail to comprehend.

It must be so weird to be so blinded, so submissive, and so intellectually challenged that you can’t even call this out.
Posted by ragincajun03
Member since Nov 2007
29801 posts
Posted on 6/24/26 at 3:40 pm to
President Trump speaks in tongues, you TDS Doubting Thomas heathen.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41581 posts
Posted on 6/29/26 at 10:05 pm to
quote:

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.


When prices are going down? The next shipment will be cheaper. But somehow that’s not an immediate factor.
Posted by theballguy
HSV (Dealing only in satire)
Member since Oct 2011
40784 posts
Posted on 6/29/26 at 10:33 pm to
Good for Orange here

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