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Oil hit $130 per barrel.

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Old 03-15-2022 | 09:02 PM
  #31  
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Originally Posted by Myfingershurt
I’m just saying the price is based on how much the stations are paying. I’m not saying the price comes down slower than it goes up. Just saying it’s not the stations gouging us. It’s the refineries gouging them. Or the traders gouging the refineries. It’s somewhere farther up the chain than the gas station managers.
There's not really a way to say that with certainty. Yep, each guy along the way takes his cut, but it's a pretty widely observed phenomenon that prices at the pump go up rapidly, during times of large oil price gyrations, but come down slowly, even when the price of crude drops rapidly.

The argument that gas stations don't normally make a lot on fuel sales doesn't prove they don't engage in what I have described, because frankly oil can go an entire year, or years, without have large gyrations in price like we have seen recently.
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Old 03-16-2022 | 09:26 AM
  #32  
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Keep in mind that the independent stations have to make enough money on the current load of gas to be able to pay for the next one.
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Old 03-16-2022 | 09:29 AM
  #33  
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Originally Posted by SonicFlyer
Keep in mind that the independent stations have to make enough money on the current load of gas to be able to pay for the next one.
And... When the price is dropping precipitously the NEXT load will be much cheaper, yet they keep the pump prices high well past the time crude oil pricing goes down. There is a blatant disconnect between how fast prices at the pump go up when oil is rising vs how slowly pump prices go down when oil price is falling.

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Old 03-16-2022 | 12:24 PM
  #34  
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Originally Posted by Bluedriver
And... When the price is dropping precipitously the NEXT load will be much cheaper, yet they keep the pump prices high well past the time crude oil pricing goes down. There is a blatant disconnect between how fast prices at the pump go up when oil is rising vs how slowly pump prices go down when oil price is falling.
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Except that their competition across the street will lower their price by a penny to try and get people in to their store.
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Old 03-16-2022 | 03:40 PM
  #35  
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Originally Posted by SonicFlyer
Except that their competition across the street will lower their price by a penny to try and get people in to their store.
Yeah, sure they will. That's why everything is so cheap now, all businesses are cutting prices and profits to the bone fighting over customers. Remind me, how are corporate profits the last couple of years?
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Old 03-16-2022 | 06:08 PM
  #36  
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Originally Posted by Myfingershurt
I’m just saying the price is based on how much the stations are paying. I’m not saying the price comes down slower than it goes up. Just saying it’s not the stations gouging us. It’s the refineries gouging them. Or the traders gouging the refineries. It’s somewhere farther up the chain than the gas station managers.
Can someone explain this ******* then? Is he really paying the delivery truck 30-40 cents more a gallon than EVERYONE else around?
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Old 03-16-2022 | 06:56 PM
  #37  
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Originally Posted by H60 DUSTOFF
Can someone explain this ******* then? Is he really paying the delivery truck 30-40 cents more a gallon than EVERYONE else around?
Reminds me of that place in Orlando next to the Buffalo Wild Wings. They’ve been charging almost $6 per gallon for years. And the price signs are basically hidden behind the shrubs.
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Old 03-17-2022 | 05:59 AM
  #38  
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Originally Posted by Bluedriver
Oil back below $100 a barrel.

That didn’t last….
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Old 03-17-2022 | 06:41 AM
  #39  
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Originally Posted by PSU Flyer
Reminds me of that place in Orlando next to the Buffalo Wild Wings. They’ve been charging almost $6 per gallon for years. And the price signs are basically hidden behind the shrubs.
Originally Posted by H60 DUSTOFF
Can someone explain this ******* then? Is he really paying the delivery truck 30-40 cents more a gallon than EVERYONE else around?
They do that on purpose for people who are returning their rental cars and don't know any better.
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Old 03-17-2022 | 11:25 AM
  #40  
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Originally Posted by nuball5
That didn’t last….
No doubt...
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