gasoline prices

[AGDee]

Talk about mad. On the way to picking my daughter up from band practice, I checked out every gas station so I would know which one to stop at on the way home to buy gas. Logical, Right? Not driving out of my way for a cheaper price, but finding the cheapest one on the way. Well, 30 minutes later, driving home, three of the four had gone up 10 cents and were sitting at $3.99.

The one that didn't change had it for $3.89 for cash/debit, $3.94 for credit. Anybody else seeing a lot of that? Why are they doing that??

[jon1856]

Originally Posted by AGDee

Talk about mad. On the way to picking my daughter up from band practice, I checked out every gas station so I would know which one to stop at on the way home to buy gas. Logical, Right? Not driving out of my way for a cheaper price, but finding the cheapest one on the way. Well, 30 minutes later, driving home, three of the four had gone up 10 cents and were sitting at $3.99.

The one that didn't change had it for $3.89 for cash/debit, $3.94 for credit. Anybody else seeing a lot of that? Why are they doing that??

Perhaps saving on CC fees?

[nate2512]

Originally Posted by AGDee

The one that didn't change had it for $3.89 for cash/debit, $3.94 for credit. Anybody else seeing a lot of that? Why are they doing that??

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.

[texas*princess]

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.

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.

[TexasWSP]

Originally Posted by texas*princess

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.

Look, I'm in the oil and gas business. My father has been in it for 32 years. He is a vp in one of the largest producers of natural gas in the united states. I'm not telling it from a one sided point of view here. I'm telling you like it is........I'm failing to see the reason why you keep trying to argue this with me. Did you not read a single article I posted? It's right there, spelled out, in plain English. They won't let you drill off of Florida because of environmental "concerns". They won't let you drill off the coast of California because of environmental "concerns".

I never said there weren't environmental reasons to *not* drill. If I did I didn't mean to. That really means nothing to me though. These days there are "environmental concerns" for doing just about every single thing you could possibly do. When I go buy a bag of dog food, there is a potential for "environmental concern".

If it weren't for "environmental concerns" there would be off-shore drilling rigs off of the California Coast. The waters where the leases are located to drill in are all within federally regulated boundaries....there isn't supposed to be a damn thing they can do about.

However, this is where legislators out there get shady. There are plenty of loopholes in the system where if a "study" shows that oil and gas companies didn't take the necessary steps to ensure environmental protection then they can override the federal governments authority in the matter. If they can show a "potential" for future problems, they can override the system. Well.....that last part pretty much causes everyone to be shit out of luck. The process that goes into creating a well is extremely technical and you have to go through tons of safety checks, geological checks, geographical checks. etc. etc. You can put a well in the safest environment on the planet........doesn't mean there isn't a potential for something bad to happen.

[texas*princess]

I still have the flu (seriously, who gets the flu in the summer?) but I went out into the world and passed by "my" gas station.

unleaded prices
4/26 - $3.57 /gal
5/12 - $3.74 /gal
5/21 - $3.89 /gal
5/25 - $3.91 /gal

The super & premium has been at or above the $4 for awhile ... right now premium is around $4.22/gal

[1908Revelations]

Originally Posted by texas*princess

I still have the flu (seriously, who gets the flu in the summer?)

Me.....last week too