Quote:
Originally Posted by nate2512
Depends on the type of store. If it's like a locally run gas station and they have a contract with an oil company that provides pumps and cash registers, everything run through credit they only get paid that money at certain intervals, normally 30 days. If it's credit or cash, it's money they pocket immediately, so that may be a little incentive for people to use cash so all their money isn't tied up for an entire month.
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Not only that (good reason btw), but Credit companies are raising rates - the interest rates they charge consumers and =possibly= the charges that are charged to merchants to process cards. (I don't know the second part for sure, but I wouldn't be surprised since credit companies are trying to find new ways to look at their balance sheets since the housing industry went bust.
I'd compare it to the airlines charging for checked bags. It's sort of built in as another profit center to try to balance things out.
TexasWSP - there are plenty of environmental reasons to *not* drill in those places you were talking about. I'm not those decision makers but I'd venture to guess there are more reasons than just the environment ones. It's not like they just shook their finger at the oil companies and said 'no' just to piss you guys off.