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Gas Prices!!!

I doubt it very much. Despite what they say, there is a tiny amount of profit in the price and multiply that by the number of gallons they sell in a month, it adds up Im sure.
 


to think that 6 weeks ago it cost me $60+ to fill my exploder, tonight $24 and it was sucking fumes! bring on the snow so I can play!
 


SyntheticShield said:
I doubt it very much. Despite what they say, there is a tiny amount of profit in the price and multiply that by the number of gallons they sell in a month, it adds up Im sure.
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Okay well that's not totally right, we own a gas station and this is our situation...

Well let's say gas is being sold for $1.45 we probably pay between $1.35-$1.40, but right now we paid $1.62 for our last shipment and we haven't sold out since the price went down again so we're selling it for $1.45 when we paid $1.62.

That might be a bit confusing but the prices dropping like this isn't good for us.
 
Curtis said:
to think that 6 weeks ago it cost me $60+ to fill my exploder, tonight $24 and it was sucking fumes! bring on the snow so I can play!
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Same here 25 bucks filled my explorer up from it being on fumes. Me and my buddy have the same exact explorers and we been playing in the snow everyday, its fun as hell.
 
Dboy23 said:
Okay well that's not totally right, we own a gas station and this is our situation...

Well let's say gas is being sold for $1.45 we probably pay between $1.35-$1.40, but right now we paid $1.62 for our last shipment and we haven't sold out since the price went down again so we're selling it for $1.45 when we paid $1.62.

That might be a bit confusing but the prices dropping like this isn't good for us.
Click to expand...


That may be true, but it balances out on the front end because you buying the gas cheaper than what you sell it for on the front end as the price is going up. You buy it at $1.40 per gallon, but then the price jumps $0.10/gal so you sell it at $1.50/gal.

Now I dont know about the independent owners today, my parents owned a convenience for a number of years as well where they had 6 pumps I believe, but in the larger chains the price is set more from a corporate office. I would imagine they also have larger tanks in the ground as well but I dont know that for a fact, and that would certainly create more of a buffer particularly if gas prices go up significantly in a short period of time.

Basically it would balance out, but it would most certainly be over a long period of time.
 


Yesterday the price of gas dropped a little more to $1.25 for 87. But it went back up today to $1.39, a few other places around town are at $1.58
 


Just put 87 at 1.47 here. I suspect maybe a few more cents before Christmas/New Years, then a temporary rise until after the New Year. Shouldn't be any more holiday fluctuations until Easter.
 
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