4 posts....4 cracks....3 against Neno....sounds like you're gunning for him.
Printable View
Your on! I'm practicing....mi mi mi....la la la laaaa ok we need a third, these costumes only come in packs of three....what do ya think? http://smileys.on-my-web.com/reposit...graphy-048.gif
There is no doubt that the oil companies are raking in profits at the pump, but so are the owners of the stations. They increase to basically what they want either because of local taxes, overhead, payroll, transpertation costs.
I live in Phoenix and Gas is $3.01 for 87 Octane while accross town in Scottsdale it's $3.12 per gallon.
The basic reason......
Law of supply and demand.....Econ 101....mostly supply
When the oil companies refineries have low supply of gasoline on hand the selling price per gallon goes up for the customer...i.e. the gas station owners and that is passed on to us at an even higher price.
Now, when there is an excess of gasoline on hand oil companies want to "offload" as much as possible to keep that balance so to speak. They sell at a much lower price thus down the line you see a reduction at the pump.
Just like any other business, they like to keep their inventory "turning".
Gas is a commodity just like pork bellies and oranges so price fluctates
based on what's available.
I'm not saying I'm an expert on this, just got this info form my wife's cousin, he was a high up in Exxon selling gas for the western half of the U.S.
and I put his info in a nutshell. This is basically how it works, there's alot more that goes on but this is just the jiss of it.
Hope I answered some questions.
And be kind to one another, don't bash.......REMEMBER
WE ARE ALL IN THIS TOGETHER ............. WE"RE INVESTERS!!!!!!
God Bless
good sentiments at the end, Mr. Nuke
I live in Houston, and regular at the pump is around 2.85 right now. Interesting thing about it is that when you get an hour or two away from here prices drop .10-.20 cents a gallon. And the cost of transportation away from the refineries should be figured in there too. I guess they figure people in the cities can afford to pay more for gas than people out in the country. Heard on the radio today the politicians in Austin are talking about knocking 30 cents tax a gallon off the price during the summer months to help out the little people afford it. Hope that goes thru.
Hey cooldolphins welcome to our post rv group, it looks like Arkie has the band together, now all we need is an audience!
yeah http://smileys.on-my-web.com/reposit...r-eggs-092.gif those rolers are some good eggs!