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According to my Gasoline Distributor the wholesale price of gas is

Discussion in 'BBS Hangout: Debate & Discussion' started by Chopped, Jul 18, 2008.

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  1. Chopped

    Chopped Member

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    now 3.50/Gal :eek: dropped from 3.89 holy ****.
     
    #1 Chopped, Jul 18, 2008
  2. thelasik

    thelasik Contributing Member

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    INteresting. I wonder how long it will take for the decrease to be reflected at the pump.
     
    #2 thelasik, Jul 18, 2008
  3. Chopped

    Chopped Member

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    well since the price just went into effect you can expect it to drop early next week if the price doesnt fluctuate, but if the gas stations in your area keep the price up even with the wholesale price being low i wouldnt expect relief. Its a good thing if you own a gas station because even if you charge 3.75 (that would be a bargain right now) you are still making .25 per gallon.
     
    #3 Chopped, Jul 18, 2008
  4. zoork34

    zoork34 Member

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    bought gas last night for 3.59/gal (never thought i'd be celebrating that....)
     
    #4 zoork34, Jul 19, 2008
  5. glynch

    glynch Member

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    Good news.

    Do you think idiots will go out and sign 6-7 year notes on large SUV's?
     
    #5 glynch, Jul 19, 2008
  6. JD2010

    JD2010 Member

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    I think the U.S is lacking a huge nationwide mass transit system.

    I wish we had those bullet trains that Japan has.
    I'd ride those all the time.
     
    #6 JD2010, Jul 19, 2008
  7. thelasik

    thelasik Contributing Member

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    What part of town?
     
    #7 thelasik, Jul 19, 2008
  8. Rocket River

    Rocket River Member

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    Me too
    I would love to see one connecting
    AUSTIN - HOUSTON and DALLAs

    Rocket River
     
    #8 Rocket River, Jul 19, 2008
  9. HombreDeHierro

    HombreDeHierro Member

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    NOT dallas. We don't want those freaks coming here. And of course, we don't want to go there.
     
    #9 HombreDeHierro, Jul 19, 2008
  10. LoneStarDawg

    LoneStarDawg Member

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    It's down from a couple weeks ago (at least in the Bay Area). Bought gas for $4.47/gal today versus $4.57/gal last time.
     
    #10 LoneStarDawg, Jul 19, 2008
  11. rocket3forlife2

    rocket3forlife2 Member

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    since bush has been in office, gas has always gone down alittle right before each elections.the price will go back up again trust me right after the elections.I remember gas being 88 cents when clinton was in office at one time, I miss thoes days.
     
    #11 rocket3forlife2, Jul 20, 2008
  12. pippendagimp

    pippendagimp Member

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    Southwest Airlines wouldn't love that ;)
     
    #12 pippendagimp, Jul 20, 2008
  13. Refman

    Refman Member

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    Not any more than they already have been. Having been a debtor's attorney for alomost 6 years (before recently giving it up), I can tell you that people who want an SUV have convinced themselves that having an SUV is part of the cost of living.

    People have convinced themselves that they have to have an SUV for their children, etc. It defies logic.
     
    #13 Refman, Jul 20, 2008
  14. Refman

    Refman Member

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    What I have noticed in the Clear Lake area is interesting. There are 4 gas stations within a hundred yards of each other...the price change over the last week goes like this:

    (1) A Mobil station down from $3.99 to $3.95.
    (2) A Shell station with no change, still at $3.99.
    (3) A Shell station with no change at $3.99.
    (4) A Chevron station down from $4.09 to $3.95.

    Who in the hell is pricing this stuff?
     
    #14 Refman, Jul 20, 2008
  15. glynch

    glynch Member

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    What are you doing now? I hear bankruptcy law has gotten real tough.
     
    #15 glynch, Jul 20, 2008
  16. LScolaDominates

    LScolaDominates Member

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    I'm very skeptical of this claim. Do you have any data on gas prices around election seasons? Which elections are you referring to? Also, do you have any reason to believe that prices will rise immediately following the election, other than that they have a few times in the past?
     
    #16 LScolaDominates, Jul 20, 2008
  17. Rocketman95

    Rocketman95 Hangout Boy

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    I've noticed a two cent or so drop at the stations around where I venture. Luckily I haven't been having to drive as much lately, so I've only been having to fill up every 10 days or so.
     
    #17 Rocketman95, Jul 20, 2008
  18. DaDakota

    DaDakota Balance wins
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    Southwest Airlines lobbies HARD against that.

    :D

    DD
     
    #18 DaDakota, Jul 20, 2008
  19. lpbman

    lpbman Member

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    Everything is cyclical. They fought for almost 3 years just for the right to fly in Texas. The big boys sued them for everything under the sun. Sad to see them use the tactics they once found so distasteful but when it so directly threatens your business model you do what you can I guess.
     
    #19 lpbman, Jul 20, 2008
  20. Refman

    Refman Member

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    As clients became fewer and fewer for the small (non-mill) practitioner, I realized that I was no longer making any money. About that time (as I was starting to panic), I received a job offer from a local firm that represents mortgage lenders in bankruptcy court. It was a difficult decision, but I joined the "dark side of the force."
     
    #20 Refman, Jul 21, 2008
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