Fuel war

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I know why, I know why. I read just the other day that demand was down over the past several months so the oil companies must be raising the price to make up for selling less gas :biggrin::biggrin::biggrin:
Don't know what it is here in Pearland today. No stations open yet since Ike and all the signs are down. Regular was anywhere from $3.39 to $3.59 in Thursday. It will be interesting to see what the price is when the stations begin reopening around here in the next few days.
 
Sorry to say Gary , it's not the stations , it IS the oil companies and our wonderful government . It's just that in the Peoples Republic of New Jersey , where we are to dumb to be allowed to pump our own gas , the state government has laws that don't allow the stations to change their prices more then once a day , so when the stations call for their daily deliveries they are told to post the higher prices because they can't change them later in the day when their deliveries come
Sorry to say that is not true either Butch, the local NBC news said tonight that spokespersons for two oil companys, Shell was one forget the other that at this time they are allowing stations to set their own prices but suggesting they use discretion. (yah right)prices in our area are running anywhere from $3.69 to $5.25 pr gal 89 octane.
 
Bob , What I was talking about is the fact that the stations can only change their prices once in a 24 hour period here in this state , so the stations call their distributors for the current cost when they open and then post the daily prices based on the price they will pay when their deliveries arrive . Most stations in this state only make about 10 to 15 cents per gallon on gasoline .
I managed a Mobil station (company owned) for a while and we were TOLD what prices to post and I was good friends with the manager of a Shell station (also company owned) across the street and he was also TOLD what prices to post and those prices were 12 cents above what we were paying , so I'm not so sure if I would believe every word a COMPANY SPOKESMAN says .
This was here in NJ , I'm not sure if it works the same where you live , but I would think it is .
 
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