Gas Prices are Outrageous

[Icedragon]

Today I was driving to school and noticed they already jacked up Regualr Fuel to $2.40/g which is horribly bad. I can't imagine how truck sales are going for companies like GM and Ford, they must be loosing alot of money for this. What are current Gas prices for some of you others out there?

[Deleted User]

[Deleted by Admins]

[datamax]

$ 2.09


I'll be buying a 45 mpg diesel in the coming weeks or a Honday hybrid

[tardfarmer]

Its gonna get worse and inflation will begin to spiral like it hasn't in decades - hold on to your a$$.

You got that right, and when it does all these retards out there that overextended themselves will lose everything and i'll be laughing like a hyena....

[Icedragon]

ORIGINAL: datamax

$ 2.09


I'll be buying a 45 mpg diesel in the coming weeks or a Honday hybrid

I dont know much about Diesels but do they really get that good of MPG?

[datamax]

Volkswagon Beetle and Jetta's do.

Nothing compares to the Honda hybrid though ............ like 60 + mpg !!

[ButchA]

They are outrageous, that's for sure! The most outrageous is the supposed "Price Gouging" that is going on.

Amoco/BP: $2.11 for regular, just down the road a bit from me.
Amoco/BP: {same town, same area, but 6 miles the other way} $2.15 for regular!

H-E-L-L-O!!!! They are owned by the same company! Why the difference in price?!? [:@][:@][:@]

Butch A.

[tardfarmer]

H-E-L-L-O!!!! They are owned by the same company! Why the difference in price?!?

Consider yourself lucky butch,

Here in wisco we have an annual "mandatory" gas tax increase AND we run SEVEN DIFFERENT FORMULAS of gas for the different times of the year...

total ripoff.

[Strut&Rut]

Butch,

Even though the sign on the station may say Amoco, the stations are still privately owned. The owners pay for the franchise designation, just like Burger King and McDonalds.

But anyway, back to your question. Gas prices are "fixed" by a station by immediate competition. If there are 3 stations within 1/2 mile of one another (which is often the case) those 3 will determine the gas prices for that stretch. Between those 6 miles there may be no gas stations, so hence, no immediate competition.

I can remember when I graduated HS in 1990, I worked at a Full-serve station. That summer was the first time gas prices climbed, in "natural progression", to over $1/gallon. Now in just 15 years, it appears they have doubled.

In comparison, the postal stamp has averaged a $0.01/year increase since 1975.

Far as I'm concerned, as much as I do not like more regulations, energy resources are one item the Federal government should have complete power of control. Petroleum products enhance our lives everyday, as from one barrel of crude, the average refinery can make 9 different organic products. And we, the consumer, get screwed on every single item...[>:]

And I just bought an AWD 5.0L Explorer because of the price...good thing the wife will only be driving 100 miles a week in a month or so [:@]

[Strut&Rut]

I can't imagine how truck sales are going for companies like GM and Ford, they must be loosing alot of money for this. What are current Gas prices for some of you others out there?

Sorry, forgot to answer your question in my rant

Gas is about $2.11 to 2.17 here in CT, depending on the station.

As for the big 3 and truck sales---they won't take a hurting until home construction significantly declines---the contractors need those vehicles to haul all of their supplies.

I'm personally more worried about the unforeseen after-effects. Town budgets are greatly affected, especially public Works, police, fire, schools. Freight charges---truck & air, and not to mention foreign competition---like China. And those are the tip of the iceberg...

Should be a very interesting summer, indeed. GW may have the first revolt of the new millenium if he isn't very careful...