Thread: gasoline prices
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Old 06-22-2008, 08:31 PM
jon1856 jon1856 is offline
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Join Date: Jun 2006
Location: Greater NorthEast
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Quote:
Originally Posted by DeltAlum View Post
A post in two parts:

Part one...

Sister in law from Detroit is in town on business and says that gas is $4.07 there. She was amazed that gas at the Safeway store next to us was only $3.87. And, having spent at least $50 in a food shopping trip using my "Safeway Club Card," I got a 10 cent per gallon discount, so I paid $3.77.


Part two...

An oil company spokesman on our local NPR station last week said that prices were generally lower at grocery stores or big box stores because they don't depend to gasoline sales for their profit. He also said that, contrary to what we've been told, US refineries are not working to capacity, but have some "comfortable" head room. If that's true (I obviously really don't know), it flies in the face of what "Big Oil" would have us believe.
I was taking to a business man up in Nantucket and he told me gas was $5.00 on the island!
And heard on a news show, not sure just which one, the other day that US refineries are working at about 89% and that is just about the normal rate given normal shut downs for maintenance.
I personally have not fact checked that.
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