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| Topic: Something Fishy... | |
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Going on here... We have at least one local Gas Station selling regular gas for $1.25/gal...
Methinks prices could have been cheaper all along.... 
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I've seen a few place's go up to 1.65. While other's are at 1.47.
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The one next to my apartment complex is $1.89 but if you go out of my county, it's down to about $1.65. I can't remember the last time prices were this low. I don't trust it, they'll go up like a rocket soon enough. But, I take advantage while I can
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Going on here... We have at least one local Gas Station selling regular gas for $1.25/gal...
Methinks prices could have been cheaper all along....
Wow that's cheap. Don't worry it will be $5.00 a gallon by this summer. |
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Yeah, pretty weird that it started going down right after election day.
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yes but have you noticed the price of Diesel is still sky high? Why would this be except for the oil companies sticking it to the truckers and trucking companies?
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It's been going down where I am for quite awhile now.
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Ours started going down a couple weeks before the election. I'm just amazed they can drop so far, so fast. But they went up that way and probably will again.
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Well, election day in in Nov. Gas always gets cheaper in the Fall/Winter. Plus, over the past year demand has fallen because of high prices. Opec can't sell oil for what it did 6 months ago. Better enjoy it while you can.
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Yeah, pretty weird that it started going down right after election day. Not really. Bush and his boys made so much money. The gig was up |
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That is where all the money went. And their not spending it.
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I KNOW it's all been a sham. Inflated all along. And, when I was in banking, I had to review financials, items such as "cost of goods sold". For the gas stations, there was consistently a 100% markup between COGS and sale price. So, if a gallon was sold at $1.00, the owners COGS was 50 cents for that gallon. I couldn't know the current profit margin since I'm not into that anymore, but reviewing financials in a LOT of industries was a REAL EYE OPENER!!!
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That is where all the money went. And their not spending it. Exactly right |
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I still struggle with the fact that speculation on demand has more impact than actual demand.
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I KNOW it's all been a sham. Inflated all along. And, when I was in banking, I had to review financials, items such as "cost of goods sold". For the gas stations, there was consistently a 100% markup between COGS and sale price. So, if a gallon was sold at $1.00, the owners COGS was 50 cents for that gallon. I couldn't know the current profit margin since I'm not into that anymore, but reviewing financials in a LOT of industries was a REAL EYE OPENER!!!
The oil companies had litte incentive to try to get gas prices down. 20% of $2/gal is always less than 20% of $4/gal. They're going to take their same percent no matter what. |
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Every two weeks I put $40.00 in my minivan tank.....it NEVER fills it.
Yesterday I was pumping gas and it stopped at $33.42! I managed to get it up to $34.00. I almost fell over from shock of it being full because my tank was on empty!! |
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lowest price I have seen here so far is $1.63 a gallon.
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$21.00 filled up my car last night. It used to take close to $45.00.
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yes but have you noticed the price of Diesel is still sky high? Why would this be except for the oil companies sticking it to the truckers and trucking companies? |
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Why has the price of diesel fuel not gone down as well?
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