Gas pricing

This is really sad ….when you think $2.99/ gal. is a “REAL DEAL”. Opec and the oil companies have consumers right where they want us.. In our pocket books (big time)!!

If I needed a roll of 3M tape to get to work everyday.. and they jacked up the price of tape on weekends and then bragged about all the money the made, I would be complaining about it…

The WI. law that said you had to mark gas up 6% was a joke. The law was voted out by Gov. Doyle. The law was never enforced. It made for good reading in the paper just before election time. Gov. Doyle said it would lower gas prices 25 to 40 cents per gallon, It didn’t happen. I am in the retail business of selling gas and the margin for years is 2 to 4 percent. The oil companies are making record profits that is true. But the margins are much less than many other companies percent wise. Pharmicutical Companies make anywhere from 25 to 40 percent on there investments.

Heres what I think is going on. $3.08 a gallon here, Isn’t it kinda stange that a barrel of oil now is within a few cents of a barrel then, and thats when gasoline was $3.50 a gallon. Everybody was talking about the supply and demand profit margine when it was that price and thats the reason prices were the way they were. Kinda funny that gas is as cheap as it is now, at a year old barrel price, and thier still now making a profit at a 1 year old barrel price. Hummmn thats a one year old barrel and gas price margine. The last I heard a barrel of oil was still over $100.00 a barrel and all of a sudden gas prices drop .30 to .50 cents in a few months? Thats seems like a huge drop and wheres the profits of the oil companies or are they absorbing it. Can anybody say were getting reamed by the future speculations in the past. How do they make thier money, its called Specul——, in other words building the market and futures befor hand, price fixing the supply and demand market so they can make thier money, in other words you guessed it…profiting in futures… Why do I think like this…its because a barrel of oil is still the same as it was 3 months ago and the price of gas is .30 a gallon cheaper, thats how. So in other words oil speculators have atleast a .30 cents a gallon buffer, am I wrong, let me know if I am. If it was supply and demand then how can gas drop .30 a gallon and a barrel of oil still stay the same, somebodys got to be loosing. I personally don’t believe anything they say,,,and never did. .30 cents a gallon,,,you’d think they would take better care of themselves. How about a pre election buffer the same way it happened in 2008. Hey buddy wanna buy a watch?

Last Saturday $2.97 at Mills fleet farm in Mason City Iowa plus if you buy somthing in the store you get .04 discount on top of that for total of 2.93

Right Aleb, The way I see it is if profits were so tight they wouldn’t be able to do that,,,unless they priced everything in the store to absorbe the gas priceing and that would cost them to do that, I wouldn’t do it. Keep prices inflated so if some things have to come down they can still make money on the others,,,what a joke,,,who knows.

Fleet Farm does that here too… problem is.. every station in town will take their coupon

2.97 in Sioux Falls SD

3 weeks ago I saw $2.95/gal. in Missouri.

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If I needed a roll of 3M tape to get to work everyday.. and they jacked up the price of tape on weekends and then bragged about all the money the made, I would be complaining about it…

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Ever stay at a hotel? They change their prices daily depending on day of the week, events going on, etc. When demand increases, so does the price. That’s the way the system works.

I work in the trucking industry and the price of a truck from point A to point B varies depending on demand. For example, when produce season is in full swing in Florida in the late summer, you’ll have to pay $2.50/mile plus fuel (fuel is currently 55 cents/mile) to get a truck to go anywhere. The other 10 months of the year, you can usually find a truck for $1.00-$1.25/mile flat. If you’re moving something 1000 miles, that’s a huge chunk of change but people pay it because that’s the going rate. It’s just the way it is.

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If I needed a roll of 3M tape to get to work everyday.. and they jacked up the price of tape on weekends and then bragged about all the money the made, I would be complaining about it…

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Ever stay at a hotel? They change their prices daily depending on day of the week, events going on, etc. When demand increases, so does the price. That’s the way the system works.

I work in the trucking industry and the price of a truck from point A to point B varies depending on demand. For example, when produce season is in full swing in Florida in the late summer, you’ll have to pay $2.50/mile plus fuel (fuel is currently 55 cents/mile) to get a truck to go anywhere. The other 10 months of the year, you can usually find a truck for $1.00-$1.25/mile flat. If you’re moving something 1000 miles, that’s a huge chunk of change but people pay it because that’s the going rate. It’s just the way it is.

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Again, if I needed a hotel room, to get to work everyday and they jacked the price up because they could and then bragged about all the records they broke…again… I would complain.

Your truck driving analogy is right on.. you NEED diesel fuel to deliver product.. you don;t need a hotel room, you can always get a sleeper…. that’s my point…

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Again, if I needed a hotel room, to get to work everyday and they jacked the price up because they could and then bragged about all the records they broke…again… I would complain.

Your truck driving analogy is right on.. you NEED diesel fuel to deliver product.. you don;t need a hotel room, you can always get a sleeper…. that’s my point…

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But that’s just my point. People think they “need” gas, yet they always complain about the price. If people were truly fed up with it, they’d change their ways like ride a bike, buy merchandise from local producers/merchants, get a job close to home or even work from home. What hurts the oil companies more; People complaining and protesting about gas prices or people reducing their consumption?

Instead, people try to claim they need as much gas as they use, but they really don’t. Everyone could cut out some driving if they thought about it but they don’t. The cost of gas doesn’t outweigh the convenience of being able to make 2 trips to the store in a week instead of just 1 or to drive 20 miles to save $50 on that big screen tv that’s on sale.

Again, the demand justifies the price.

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3 weeks ago I saw $2.95/gal. in Missouri.

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Excellent!! only 95 more cents till $2.00 /Gal.The name of the game (SUPPLY & DEMAND)and don’t forget the middlemans profit margin..

Is there a link to all the bragging going on? And since when in America did profit become a 4 letter word?

As pointed out, you can look at a profit in dollar figures, but that means nothing. Profit margins are more important. If we were truly being gouged the profit margin would be out of whack.

Also, lets not forget some average Joe’s make decent money from these greedy companies because they work at places like oil platforms that are dangerous and keeps them from their families for periods of time.

I was waiting for the “ride a bike” & “plant a garden” folk to show up… now I know what I am up against…

There is a difference between profit and gouging… I challenge anyone to come up with a product/service, that directly affects almost “everything” in the economy, like Gas does. Like it or not… YOU & I “NEED” gas, the world is set up that way. Give me a scenario where you don’t “NEED” fuel and I will shoot a hole in your theory of not “NEEDING” fuel…

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I was waiting for the “ride a bike” & “plant a garden” folk to show up… now I know what I am up against…

There is a difference between profit and gouging… I challenge anyone to come up with a product/service, that directly affects almost “everything” in the economy, like Gas does. Like it or not… YOU & I “NEED” gas, the world is set up that way. Give me a scenario where you don’t “NEED” fuel and I will shoot a hole in your theory of not “NEEDING” fuel…

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Like the difference between a walleye and a red herring? Do you have links to stories about the gouging going on and/or stories about oil companies bragging about profits?

Chart… notice since after 9/11

You got any facts ???

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Chart… notice since after 9/11

You got any facts ???

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How many companies make 9% profits? Ohh my goodness, we had better put in some governmental controls to stop this gouging.

They are a HUGE company who makes a profit on their product, the same as any other company. The problem people have is your profits look astronomical due to the amount of sales they have. Real simple math.

It only goes back 10 years unless I want to sign up. I see about a 8-10% profit margin which is normal for most companies. In fact, it is a little low.

How about these fact.

Global Gas Prices[/url]

Looks like there is 1 way to keep gas prices down. Let the government take it over, in which you would actually have to have a big enough oil deposit to extract enough in your country to supply itself.

this gouging too?">]Is this gouging too?

I am not signing up either… but any company that goes from 6% profit, to 9% is gouging. Let’s see if you know how to answer… going from 6% to 9% profit margin, increases your profit by what percentage ? Not a little number in any accountants book.

Your absolutely right, gas is cheap… in fact I pay $0 a month for my vehicle… that’s right, everytime a hike at the pump occurs, I get a raise…. I guess it goes back to common sense. Those of you who do not believe the high fuel prices (gouging) are helping keep and prolonging this terrible economy, needs to go back to school. I guess if all I have to care about is myself.. I am doing fine Wish I was more selfish….

Can I borrow someone’s puke bag?

50%

The only entity that has 100% control over their revenue is?

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Those of you who do not believe the high fuel prices (gouging) are helping keep and prolonging this terrible economy, needs to go back to school.

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Gas prices are prolonging the economic malaise? If that were true, wouldn’t it be in their best interests to remove the gouging? They would then spur the economy, increase profits and then gouge again on top of that. Exxon for president!

tie it tight around your head.. nice debating skills

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tie it tight around your head.. nice debating skills

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Oh gee, no one can debate like you. Throw stuff against the wall with a few emoticons and assume it sticks.

here comes the cat.. get out

Rally Cat?

Who wants strong, stabile companies delivering their energy. That is just silly.

Oil companies should be run like the airlines, or Department of Education, or a union shop.

Morans.

ME !!! Where can I send some cash….?

Gas is almost free….