How much is regular gasoline in your town? State?
12-18-2014, 11:03 AM
#75
Platinum Member
Join Date: 05-09-2006
Location: "Upland" Mesa, Arizona
Posts: 6,804
[QUOTE=hhr06NJ;766917Footnote: I am driving an HHR because 5 years ago, i was TOO SCARED to buy a Lincoln Towncar amidst talk of GASOLINE GOING TO $12-15 PER GAL!
What do YOU think?[/QUOTE]
I don't think it went to $12-15 per gal!!!
Oh, and by the way.....your friend is not quite correct.....gas prices, to a certain extent ARE set by supply and demand. For example, gas prices are different across any given city. Sometimes determined by what the retailer needs to net as a profit after all expenses. Sometimes determined by his weekly volume, sometimes on his current volume before a delivery. Sometimes depending on exact delivery location, either in the city or across the street and just out side the city (taxes). I know a station that sells gasoline at cost, including taxes, etc., because it makes its profits on the name brand fast foods and grocery chain business. It's generally 3-5 cents cheaper than a competitor 1 block away.
But I do know what your friend was trying to say.
What do YOU think?[/QUOTE]
I don't think it went to $12-15 per gal!!!
Oh, and by the way.....your friend is not quite correct.....gas prices, to a certain extent ARE set by supply and demand. For example, gas prices are different across any given city. Sometimes determined by what the retailer needs to net as a profit after all expenses. Sometimes determined by his weekly volume, sometimes on his current volume before a delivery. Sometimes depending on exact delivery location, either in the city or across the street and just out side the city (taxes). I know a station that sells gasoline at cost, including taxes, etc., because it makes its profits on the name brand fast foods and grocery chain business. It's generally 3-5 cents cheaper than a competitor 1 block away.
But I do know what your friend was trying to say.
