Users Online Now:
GLP Poker Rooms
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
Tweets from around the U.S. " long lines at gas stations right now!" Panic buying! Fights!
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:goldielucks:MV8yMDA4ODgwXzMzNzU4OTY4XzIzNTJDMzRC] [quote:ArmchairObserver:MV8yMDA4ODgwXzMzNzU4Mzc5XzQwRDk0NzRB] [quote:Copernica:MV8yMDA4ODgwXzMzNzU3OTg5XzkyQjVDRTA1] [quote:ArmchairObserver:MV8yMDA4ODgwXzMzNzU3OTE4XzM0NzA0NURB] [quote:Doomamatrix:MV8yMDA4ODgwXzMzNzU3NzgyX0ZGOTNBODc=] From SoCal...and yes, I DO REALLY LIVE HERE, ok? I left town for a week. When I left, my tank was at half so I just parked it and thought, "I'll fill it up when I get back." At that point, the average price in the Torrance area was $4.21 for the mid grade stuff. I got back yesterday. Filled up this morning where now, in my area, the average price for mid-grade is $4.85! It is 10 cents less if you use cash which I did. The lady at the counter blamed the fire in North CA in Aug and some event at the Chevron refinery in Torrance from last week. She warned that shortages will be happening because everyone is going nuts from stories that there is a gas shortage. Pace at the station was brisk at 8:00AM. No lines yet, no fights. [/quote] [b]She warned that shortages will be happening because everyone is going nuts from stories that there is a gas shortage.[/b] Yep. If a panic does happen, then the people will have brought a gas shortage upon themselves and, trust me, they WILL raise the price of gas even higher because everyone will be demanding it of them. Infinitely better to just buy as you normally would and wait it out. [/quote] I think the key problem is that the gas stations just aren't willing to pay the current wholesale prices. They know the price will drop and they'll wind up having to sell the gas at a loss. Instead, they're just letting their supplies run out. The lucky stations are the ones that just got filled in the last week, before the price hike. This is one of those times that I'm wondering where the government is. At minimum, shouldn't the state government be doing something to get the wholesale prices under control? It seems the suppliers are engaging in a mild form of racketeering and some stations are just price gouging. (Not that gasoline sales aren't a racket every day...but this seems excessive) [/quote] The gasoline that is affected, from every article I've read, has been wholesale, unbranded gas. That's not gasoline that is being sold at your local Chevron or 76. That's the stuff being sold by your local Costco or *insert random name* mom and pop. One article on the post said that these independent type of dealers would have to charge $4.90 to break even. Now, compare that to the prices being offered by the Chevron or 76 (average was about $4.60 last night). They wouldn't be able to sell it and if they did try to, I know what would happen. I've seen it before. When they did the same thing here years ago and bumped the price of gas up by 25 cents to specific types of buyers (independents and jobbers), well, they bought. The company owned stores and non-jobber dealers undercut them by 10 cents--because they could. So while the indies and jobbers were selling at the equivalent of that $4.90 price because of a 25 cent price hike just for them (with lots of love from the oil companies), the company stores were selling at a price equivalent of $4.80 (not actual prices but comparing what is going on in SoCal and what went on 10+ years ago). The company owned stores got to get another 15 cents a gallon pure profit doing this. Well, our senator tried to do something about it. Like I said, I've seen it all before. It'd just be nice if somebody actually listened after all of these years. Wyden has fought for years on the subject. We lost a $32 million business trying to survive it when they did it to us. I don't blame them for closing their doors instead. Right call, I say. Search Wyden FTC Redlining to find out more. It'll make you cry probably. FTC does nothing. They find no evidence of collusion when the companies are all so embroiled with each other that they aren't colluding really. They are pretty much nearly one and the same company. For starters: [i] They also charged independent dealers higher wholesale prices than they charge branded stations.[/i] http://www.bendbugle.com/2002/05/wyden-proposes-new-rules-to-combat-high-gas-prices/ Sound familiar? [/quote] Wow, Thanks for sharing that insight! Very deceptive and cunning or should I say...slick?! [/quote]
link to www.bing.com
Check this out, our country is acting like a crack addict.
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Show How Much You Care with a Flu Shot Gift Card!
10 Weirdest Things Pulled Out Of People’s Butts
Double amputee moves prosthetic arms by intuitive thought
Feminism Backlash: Media Programming, Endocrine Disruptors, Will Men Find Their Hearts Again?
The Baltic Dry Index Has Never Crashed This Fast Post-Thanksgiving
Why There's No Ebola Vaccine
What is a New World Order?
How Nonprofit Hospitals Are Seizing Patients’ Wages
Cop: We Need Military Equipment Because of “Constitutionalists”
Forget North Korea: Watch Out for Chinese Censorship of Hollywood
Vermont Governor Abandons Single-Payer Healthcare
How Germany Was Partitioned. Lessons for Ukraine
EPA Declines to Classify Coal Ash as Hazardous Waste
Protesters shut down part of Mall of America in Minnesota
World War III - The Calm Before the Storm
EFF in Court to Argue NSA Data Collection from Internet Backbone Is Unconstitutional
Unacceptable Levels: The Chemicals In Our Bodies; How They Got There and What To Do About It
Satanic Temple Invokes Supreme Court Ruling to Force Display at Florida Capitol Building
US seeks to overthrow Venezuela government: official
Privacy will not exist in 10 years
Correction: Tonight isn't the longest night in Earth's history
Creep of the Week: Convicted Wall Street trader sues customer who turned him in!
Obama condemns Sony's decision to drop film, says US must retaliate and pass cyber bill
Bush v. Clinton In 2016? New World Order Dream Matchup Being Touted As ‘Inevitable’
Court Rules You CAN Be ‘Too Smart’ to Be a Cop
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2014 Godlikeproductions.com
Page generated in 0.006s (5 queries)