|
|
Joined: Aug 2008
Posts: 3,718
Campfire Tracker
|
OP
Campfire Tracker
Joined: Aug 2008
Posts: 3,718 |
Filled the truck up at Murphy (Wally World) about 2:30, went
on my way and had to go back tonight....paid $3.25 early and it had gone up to $3.39 by 8:30! WTF????? happened today?
Inquiring minds want to know what happened today where you are!
|
|
|
|
|
Joined: Nov 2003
Posts: 67,762 Likes: 5
Campfire Kahuna
|
|
Campfire Kahuna
Joined: Nov 2003
Posts: 67,762 Likes: 5 |
Gone down .30 a gallon here in the past week.
Sam......
|
|
|
|
|
Joined: Mar 2012
Posts: 5,658 Likes: 5
Campfire Tracker
|
Campfire Tracker
Joined: Mar 2012
Posts: 5,658 Likes: 5 |
Went up about a nickel today
She never made it past the bedroom door, what was she aiming for...?
She's gone shootin..
|
|
|
|
|
Joined: Aug 2003
Posts: 17,491
Campfire Ranger
|
|
Campfire Ranger
Joined: Aug 2003
Posts: 17,491 |
Just be glad you're only paying 33% of what we pay. This past weekend was a $500 gas weekend for us. Ouch!
Sometimes, the air you 'let in'matters less than the air you 'let out'.
|
|
|
|
|
Joined: Jul 2010
Posts: 1,808
Campfire Regular
|
|
Campfire Regular
Joined: Jul 2010
Posts: 1,808 |
as soon as summer gets here the prices start to sky rock agin as travel picks up! vacation time at the pumps !!
AZCOUES___Border Rat Clan
|
|
|
|
|
Joined: Apr 2006
Posts: 153
Campfire Member
|
|
Campfire Member
Joined: Apr 2006
Posts: 153 |
The wholesale price of gas went up $.15 last Friday, it just caught up. Watch the business channel, and rather than note the oil prices, look at the RBOB gas price. That is the wholesale price of gas on the futures market. Add your state taxes and the $.18 a gallon fed taxes to it you have the market price of gas in your state. Then add 8-10 cents a gallon for the gas vendor and you have rough idea where you can expect gas to go. It goes up instantly with rises and takes some time when it drops, why should they sell gas at a loss. The gas in their tanks were bought at a higher price. I watched premium gas at one station stay high after a price drop because the gas in the tank was purchased at a higher price.
|
|
|
|
|
Joined: Mar 2012
Posts: 1,187
Campfire Regular
|
|
Campfire Regular
Joined: Mar 2012
Posts: 1,187 |
Diesel is cheaper than reg unleaded in Nevada this week.
The only cure for life and death is to enjoy the interval.
George Santayana
|
|
|
|
|
Joined: Jan 2007
Posts: 1,700
Campfire Regular
|
|
Campfire Regular
Joined: Jan 2007
Posts: 1,700 |
Just my personal theory..... it's called Memorial Day. Never fails.  -Ken
|
|
|
|
|
Joined: Jan 2013
Posts: 1,349
Campfire Regular
|
|
Campfire Regular
Joined: Jan 2013
Posts: 1,349 |
I quit paying attention to gas prices. I'm gonna buy it regardless.
The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. It is it's natural manure. - Thomas Jefferson
|
|
|
|
|
Joined: Feb 2010
Posts: 298
Campfire Member
|
|
Campfire Member
Joined: Feb 2010
Posts: 298 |
The wholesale price of gas went up $.15 last Friday, it just caught up. Watch the business channel, and rather than note the oil prices, look at the RBOB gas price. That is the wholesale price of gas on the futures market. Add your state taxes and the $.18 a gallon fed taxes to it you have the market price of gas in your state. Then add 8-10 cents a gallon for the gas vendor and you have rough idea where you can expect gas to go. It goes up instantly with rises and takes some time when it drops, why should they sell gas at a loss. The gas in their tanks were bought at a higher price. I watched premium gas at one station stay high after a price drop because the gas in the tank was purchased at a higher price. If you use this logic it should go up slow also since they paid less for the gas in their tanks... just saying.
Luke 22:36
εγώ δεν θα συμμορφωθεί
|
|
|
|
|
Joined: Jan 2010
Posts: 15,380
Campfire Ranger
|
|
Campfire Ranger
Joined: Jan 2010
Posts: 15,380 |
3.93 in fbks...diesel is 4.31 the stuff comes out of the ground and the pipe runs threw town ...Fairbanks is its 1st stop btw....
I work harder than a ugly stripper....
|
|
|
|
|
Joined: Mar 2005
Posts: 5,659
Campfire Tracker
|
|
Campfire Tracker
Joined: Mar 2005
Posts: 5,659 |
Just my personal theory..... it's called Memorial Day. Never fails. -Ken Ken - you are correct, gas always goes up before Memorial Day
"Far better it is to dare mighty things, to win glorious triumphs, even though checkered by failure, than to take rank with those poor spirits who neither enjoy much nor suffer much" Teddy Roosevelt
|
|
|
|
|
Joined: Apr 2006
Posts: 153
Campfire Member
|
|
Campfire Member
Joined: Apr 2006
Posts: 153 |
Logic doesn't apply, I tried. Profit is why it goes up quick, they can justify the price rise by the Wholesale Price Of Unleaded Gas Market Increase. Well, in their corporate minds anyhow.
|
|
|
|
|
Joined: Jan 2007
Posts: 1,700
Campfire Regular
|
|
Campfire Regular
Joined: Jan 2007
Posts: 1,700 |
3.93 in fbks...diesel is 4.31 the stuff comes out of the ground and the pipe runs threw town ...Fairbanks is its 1st stop btw.... Man, that's a shame. I couldn't help being pissed at that. 
|
|
|
|
|
Joined: Jan 2011
Posts: 4,831
Campfire Tracker
|
|
Campfire Tracker
Joined: Jan 2011
Posts: 4,831 |
Diesel is cheaper than reg unleaded in Nevada this week. Really?? I haven't seen diesel cheaper than PREMIUM in a looong time.
|
|
|
|
|
Joined: Mar 2008
Posts: 15,289
Campfire Ranger
|
|
Campfire Ranger
Joined: Mar 2008
Posts: 15,289 |
Because they can, fellers, just because they can!! 
|
|
|
|
|
Joined: Dec 2006
Posts: 28,172
Campfire Ranger
|
|
Campfire Ranger
Joined: Dec 2006
Posts: 28,172 |
Yep. It will get close to $5.00/gallon in three weeks a lot of places close to here. 
Hunt with Class and Classics
Religion: A founder of The Church of Spray and Pray
Acquit v. t. To render a judgment in a murder case in San Francisco... EQUAL, adj. As bad as something else. Ambrose Bierce “The Devil's Dictionary”
|
|
|
|
|
Joined: Oct 2007
Posts: 2,678
Campfire Regular
|
|
Campfire Regular
Joined: Oct 2007
Posts: 2,678 |
My dad owns a couple of stations and believe me, when the wholesale price drops, the retail price drops way too fast for him to sell what he has in his tanks. And when the wholesale price goes up, it lags a few days before the retail price goes up. Many times, he is selling for cost or below because of the swings. He wishes he would have never got in the business as the retail giants just control the market and make the little guy suffer. The retail giants control the retail price and many times they have no rhyme or reason to what they do. It makes no sense. Bottom line? Support the mom and pop type stores and try and strip a tiny bit of power from the retail giants.
What you do today is important, you are trading a day in the rest of your life for it.
|
|
|
|
|
Joined: Aug 2005
Posts: 28,263 Likes: 7
Campfire Ranger
|
|
Campfire Ranger
Joined: Aug 2005
Posts: 28,263 Likes: 7 |
Beretta and estacado are on the right track. Wholesale prices at the rack change every evening at 6:00pm except for the weekend. Pricing all depends on what the NYMEX numbers do that day. It can change anywhere from 0 to +/-15cts/gallon on any given day. Depending on how long it takes the retailer to sell his inventory dictates how much and when his retail price changes. Also, since there is a 2.5-3% fee for credit cards, this adds an additional 7-10cts/gallon that goes straight off the top to visa/mc before any profit can be calculated. It's a game of pennies.....high volume/low margin. It's not rocket science.
It is irrelevant what you think. What matters is the TRUTH.
|
|
|
|
|
Joined: Apr 2004
Posts: 42,843 Likes: 6
Campfire 'Bwana
|
|
Campfire 'Bwana
Joined: Apr 2004
Posts: 42,843 Likes: 6 |
a friend here in town is a VP of one of the local companies that have a whole lot of stations in the Rogue Valley here...
they have to pick up fuel north of Eugene and truck it down here..
he indicated that they are charged the going rate which is updated via computer continually.. he said from the time their tanker picks up a load of fuel, and trucks it back down here, the price of the fuel on the tanker that is charged to them by the refinery can vary $600 or more, up or down!
Locally fuel at the major brand stations has gone up 14 cents in two days.
|
|
|
|
|
247 members (1minute, 1beaver_shooter, 1_deuce, 16gage, 17CalFan, 10gaugemag, 37 invisible),
1,886
guests, and
1,047
robots. |
|
Key:
Admin,
Global Mod,
Mod
|
|
|
Forums81
Topics1,192,860
Posts18,497,174
Members73,979
| |
Most Online11,491
Jul 7th, 2023
|
|
|
|
![[Linked Image]](https://www.24hourcampfire.com/ubbthreads/gallery/80/medium/45390.png)
