The rhythm of gas

hillbillyhunter1 · 03-07-2006, 06:48 PM

It seems like gas prices at the localstations sure do fluctuate a lot. I mean $2.09 on Friday, $2.39 on Monday, $2.25 today. It jumps up and down constantly on a daily basis. I don't remember it being like this before prices took off. Any thoughts? ( I may be just more price conscious now-a-days)

Briman · 03-07-2006, 07:12 PM

I fiilled my wife's car at $2.47/gal this morning and filled my truck up at $2.40/gal this afternoon. Weird.

cameronmclain · 03-07-2006, 11:44 PM

Briman- my wife has more expensive taste too!

On a serious note- I never even look at the sign. If I need gas I need gas, not much I can do about it but pay it. I'm not going to drive around town to save $0.13 cents. Like my grandad says "Jest fill 'er up an put 'er in th' wind!". LOL

hillbillyhunter1 · 03-08-2006, 07:33 AM

I wasn't talking about the fluctuation of prices between stations. I was talking about the fluctuation of prices on a daily basis at the same stations.

kevin1 · 03-08-2006, 07:59 AM

I've noticed it too , it used to be that the pump price only fluctuated a cent or two , now I've seen jumps of thirty cents and sometimes more . What I find hard to understand is how this can happen . Wholesale suppliers buy their oil or gas months in advance at a set price and make occasional adjustments to reflect local conditions such as trucking costs , demnad , etc. , so the pump price shouldn't fluctuate by more than a cent or two on a day to day basis . What I find really exasperating is when a local station buys their gas allotment at one price then slams it up because the futures market for the next cycle has increased the barrel price . They won't be affected by the price increase until they actually purchase the gas affected by it , yet we get screwed . [:@]