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"Am I wrong about this?" Topic

22 Posts

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898 hits since 1 Jul 2011
©1994-2018 Bill Armintrout
Comments or corrections?

skinkmasterreturns01 Jul 2011 2:30 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.

Personal logo Waco Joe Supporting Member of TMP01 Jul 2011 2:38 p.m. PST

One man's price gouging is another's supply and demand.

Streitax Inactive Member01 Jul 2011 2:43 p.m. PST

Yup, we supply however much they demand.

Ron W DuBray Inactive Member01 Jul 2011 2:45 p.m. PST

you could be paying 3.79 and higher like we are here

Personal logo Flashman14 Supporting Member of TMP01 Jul 2011 3:00 p.m. PST

Supply and demand …

Cold Steel Inactive Member01 Jul 2011 3:01 p.m. PST

Supply, demand, and government-induced inflation.

Space Monkey Inactive Member01 Jul 2011 3:33 p.m. PST

So the government made them raise their price that fast?

quidveritas Inactive Member01 Jul 2011 3:37 p.m. PST

We need to get rid of those gas burning cars.

Build Nukes and plug in!

RavenscraftCybernetics Inactive Member01 Jul 2011 3:56 p.m. PST

No delivery pn Monday the 4th so whats in thw tamk has to last till Tuesday.

Cold Steel Inactive Member01 Jul 2011 4:13 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

Personal logo 20thmaine Supporting Member of TMP01 Jul 2011 4:49 p.m. PST

Ha !

It's ~ $2.15 USD a litre here !

You don't know when you're well off !

Personal logo 20thmaine Supporting Member of TMP01 Jul 2011 4:50 p.m. PST

Thats $8.36 USD a US Gallon by the way

Personal logo T Callahan Supporting Member of TMP01 Jul 2011 5:08 p.m. PST

Prices here went down…go figure.


Ed Mohrmann Supporting Member of TMP01 Jul 2011 5:19 p.m. PST

Price here is the same, but essentially lower than
on 6/30.

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.

Personal logo enfant perdus Supporting Member of TMP02 Jul 2011 2:04 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 Supporting Member of TMP02 Jul 2011 5:22 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 Inactive Member02 Jul 2011 7:54 a.m. PST

It's very, very difficult to prove price gouging.

skinkmasterreturns02 Jul 2011 11:59 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 Leahy02 Jul 2011 11:28 p.m. PST

Nah, our Oil overlords are our friends who would never stick it to us just to make more profit.

GarrisonMiniatures Inactive Member03 Jul 2011 2:40 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 Inactive Member03 Jul 2011 6:35 a.m. PST

Oh, for the days of $1.49/gal gas again! O tempora! O mores!

Personal logo 20thmaine Supporting Member of TMP05 Jul 2011 6:21 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 ? grin

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 !

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