|skinkmasterreturns||01 Jul 2011 1:30 p.m. PST|
On Monday the price of gasoline at the local station was $3.29 USD a gallon. On Tuesday it was $3.44.By Wednesday it was $3.59. That was almost a 10% jump in 48 hours. Wouldnt that be considered price gouging? I know it was raised in anticipation of the July 4th weekend,but come on.
|Waco Joe||01 Jul 2011 1:38 p.m. PST|
One man's price gouging is another's supply and demand.
|Streitax ||01 Jul 2011 1:43 p.m. PST|
Yup, we supply however much they demand.
|Ron W DuBray ||01 Jul 2011 1:45 p.m. PST|
you could be paying 3.79 and higher like we are here
| Flashman14 ||01 Jul 2011 2:00 p.m. PST|
|Cold Steel ||01 Jul 2011 2:01 p.m. PST|
Supply, demand, and government-induced inflation.
|Space Monkey||01 Jul 2011 2:33 p.m. PST|
So the government made them raise their price that fast?
|quidveritas ||01 Jul 2011 2:37 p.m. PST|
We need to get rid of those gas burning cars.
Build Nukes and plug in!
|RavenscraftCybernetics ||01 Jul 2011 2:56 p.m. PST|
No delivery pn Monday the 4th so whats in thw tamk has to last till Tuesday.
|Cold Steel ||01 Jul 2011 3:13 p.m. PST|
Our government policies pushed the price of gas to the $4 USD range. Then we released 30 million barrels from our emergency reserves that created a short term surplus and drop in price. The impact of the release is now over and gas is quickly heading back toward $4. USD
| 20thmaine ||01 Jul 2011 3:49 p.m. PST|
It's ~ $2.15 USD a litre here !
You don't know when you're well off !
| 20thmaine ||01 Jul 2011 3:50 p.m. PST|
Thats $8.36 USD a US Gallon by the way
| T Callahan ||01 Jul 2011 4:08 p.m. PST|
Prices here went down
|Ed Mohrmann ||01 Jul 2011 4:19 p.m. PST|
Price here is the same, but essentially lower than
Reason why: the state-imposed tax on a gallon went up
by 2.138 cents on 7/01/2011. Almost all the outlets
chose to absorb the increase rather than pass it through.
|enfant perdus||02 Jul 2011 1:04 a.m. PST|
Our government policies pushed the price of gas to the $4 USD USD range
As predicted by many, the extension of the tax cuts brought a lot of speculative money into the commodities market, particularly oil. That money has been getting out since May, sensing the peak. Around here, pump prices really began to drop the week before the release from the strategic reserve and have continued to plummet, down an average of 50 cents/gal for regular in less than three weeks. Of course, all the suckers who had to gas up today on their way to beach got a rude shock.
|korsun0 ||02 Jul 2011 4:22 a.m. PST|
1.52 (aus) a litre here, so 5.76 or so a gallon
..and thats for unleaded. If I went for premium unleaded then 6.14 a gallon.
Mind you during a fuel strike in 2000 I paid 1.55 a litre in Ceduna in SA. That hurt. Problem with fuel is we need it, so we have to pay for it
|Klebert L Hall ||02 Jul 2011 6:54 a.m. PST|
It's very, very difficult to prove price gouging.
|skinkmasterreturns||02 Jul 2011 10:59 a.m. PST|
I was just really shocked when it dawned on me about the 10% rise. I thought I was in the Weimar Republic for a split second.Yes,I know its far more expensive in other areas.I'm just grateful that I dont have to drive much,at least for right now.
|John Leahy||02 Jul 2011 10:28 p.m. PST|
Nah, our Oil overlords are our friends who would never stick it to us just to make more profit.
|GarrisonMiniatures ||03 Jul 2011 1:40 a.m. PST|
Ah! cheap petrol. We could but dream.
UK about £1.36 GBP a litre, approx 2.2 US dollars, 9.79 dollars a British gallon.
|MahanMan ||03 Jul 2011 5:35 a.m. PST|
Oh, for the days of $1.49/gal gas again! O tempora! O mores!
| 20thmaine ||05 Jul 2011 5:21 p.m. PST|
Ah! cheap petrol. We could but dream.
UK about £1.36 GBP GBP a litre, approx 2.2 US dollars, 9.79 dollars a British gallon.
They aren't listening, are they ?
Maybe we should say it louder ?
OI !!! PETROL for $3.50 USD – blimey, that's good ! Wish we could get some at that CHEAP price !