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Old 03-25-2012, 09:51 PM   #1
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Gas prices....OUCH!

San Clemente State Beach, California
More than one station had this price but down the street a mile or so the station I usually fill up at is about 20 cents cheaper.

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Old 03-25-2012, 10:21 PM   #2
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when i first looked at it, i thought that was cheaper than here. then i noticed the dollar part was different. it is $3.70 for reg and 3.94 for diesel here.
it doesn't help that 18 refineries have shut down. i believe there is a Sonoco that is supposed to shut down this summer somewhere on the east coast. believe it is a little over 300000 b/d. hopefully, that won't take place.
the real interesting thing is that we are seeing the higher prices with crude at abt 2/3 the peak prices of abt 4 years ago.
looks like i will be spending more time at my destinations with fewer total trips.
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Old 03-25-2012, 10:27 PM   #3
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Old 03-25-2012, 11:00 PM   #4
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GASPEDDLER - I have seen that sign before - pretty funny if you ask me.

I paid $4.15 for super (91) just the other day - the talk is that the price is going to peak around $5 a gallon here - kinda scary and the goverment isnt doing anything to help

87 octane was $3.95 a gallon
89 octane was $4.05 a gallon
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Old 03-25-2012, 11:48 PM   #5
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In Ontario Canada 3 local gas stations were fines over 2 million dollars for price fixing. Now they just have to catch the big boys for doing the same thing. The only difference is the big boys know how to stay low while they rip off the public. When they are given a license to sell gas they should be issued a mask and gun. Then we would know when we are being robbed.
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Old 03-26-2012, 12:02 AM   #6
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I was in the retail fuel business for over twenty years and can tell you that your local retailer is not the problem. In the last 10-15 years the retailer has been lucky to break even on the gas he sells each day. In fact he often sells his fuel below cost in order to match Walmart and Costco. If he fails to match the street price his customer traffic dries up and he goes out of business. There will always be bad apples in any industry but most folks are just trying to feed their families.
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Old 03-26-2012, 06:46 AM   #7
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Quote:
Originally Posted by GASPEDDLER View Post
I was in the retail fuel business for over twenty years and can tell you that your local retailer is not the problem.
Then Who is? with your 20 years you might give us some insight.
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Old 03-26-2012, 07:18 AM   #8
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Old 03-26-2012, 08:06 AM   #9
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Quote:
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Then Who is?
Wish I had the answer you are looking for jax. I thinks it's plain old supply and demand with a mix of politics and knee jerk reactions on wall street. It's easier to point the finger at the person or persons who we hand the $100 dollar bill to each time we fill up. Unfortunately the retailer simply hands that bill over to the gas company and places another order. The US is no longer the only major economic force on this planet and others need fuel as well to turn the wheels and make money. Less supply, higher prices. Is the price artificiality inflated by speculators on wall street trying to make a buck at the expense of the public? Perhaps, but this is this the system we have. The US system with all its flaws is still the best in the world. Do we have to like the price at the pump? Hell no but what choice do we have,, these are just plain old market forces at work my friend. Could all that I just posted be BS? You bet as I don't have a crystal ball into the inner workings of big oil or world markets. This is just the opinion of one guy.
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Old 03-26-2012, 08:17 AM   #10
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REG 87 octane $5.03/gallon this morning in me town
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