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Old 02-21-2003, 01:19 AM   #1
DavePlays
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:mad Well This Just Sucks!

I just heard on CNN that retail gas prices are up 56 cents a gallon this year. (U.S)

BUT - the wholesale price is only up 14 cents, and that is because of the labor strikes in Venezuela.

So is it our local gas stations that are ripping everyone off, their local distributors? Someone is taking serious advantage of the situation aren't they?


Guess we can't blame Bush for this one though can we?

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Old 02-21-2003, 01:21 AM   #2
picindex
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Someone is laughing his or her ass to the bank....

I'm just glad it is not over $2.00 (YET)
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Old 02-21-2003, 01:34 AM   #3
FlyingIguana
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whats the taxes on gas thats added into the price?
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Old 02-21-2003, 01:45 AM   #4
KrazieSweets
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yep getting raped in the ass on these gas prices
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Old 02-21-2003, 01:47 AM   #5
RedShoe
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Quote:
Originally posted by DavePlays

Guess we can't blame Bush for this one though can we?

Yes! WE CAN!!

FUCK BUSH!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Old 02-21-2003, 01:48 AM   #6
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I don't remember the exact figures but the actual wholesale on gas is cheap as hell in comparison. There is a huge ass markup from the transporter and usually a very small markup from the gas station. Stores don't make big money on gas, they just use it to get you in the door. I have seen stations mark up fuel from between 1 cent and 6 cents a gallon. The transporter has a much higher markup.
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Old 02-21-2003, 01:51 AM   #7
michel
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I pay 1,12 euro per litre (4 litre in 1 gallon?)

That sucks!
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Old 02-21-2003, 01:52 AM   #8
DavePlays
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Quote:
Originally posted by RedShoe


Yes! WE CAN!!

FUCK BUSH!!!!!!!!!!!!!!!!!!!!!!!!!!!

what a fool
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Old 02-21-2003, 01:53 AM   #9
jas1552
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Quote:
Originally posted by DavePlays
Guess we can't blame Bush for this one though can we?

Blame the hippies.
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Old 02-21-2003, 01:54 AM   #10
picindex
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Quote:
Originally posted by stocktrader23
I don't remember the exact figures but the actual wholesale on gas is cheap as hell in comparison. There is a huge ass markup from the transporter and usually a very small markup from the gas station. Stores don't make big money on gas, they just use it to get you in the door. I have seen stations mark up fuel from between 1 cent and 6 cents a gallon. The transporter has a much higher markup.
where did you get these figures?

I heard between 10 and 20 cents per gallon on CNBC once unless I was on drugs...
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Old 02-21-2003, 01:55 AM   #11
DavePlays
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Quote:
Originally posted by stocktrader23
I don't remember the exact figures but the actual wholesale on gas is cheap as hell in comparison. There is a huge ass markup from the transporter and usually a very small markup from the gas station. Stores don't make big money on gas, they just use it to get you in the door. I have seen stations mark up fuel from between 1 cent and 6 cents a gallon. The transporter has a much higher markup.

I've heard 10 cents a gallon markup at the punp here - so you must be right - the transporters / distributors must be the bastards taking advantage of us.

A station in Columbus Ohio raised their prices a DOLLAR a gallon the night of Sept.11 - three days later the people there raised so much hell with them they closed their doors.

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Old 02-21-2003, 02:00 AM   #12
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Quote:
Originally posted by picindex


where did you get these figures?

I heard between 10 and 20 cents per gallon on CNBC once unless I was on drugs...
If you are referring to the figures on what gas stations mark-up it comes from personal experience. I looked at buying 2 different gas stations last year and my partner did business with some of the trucking companies hauling fuel. He also works with several station owners. I will try to get the exact figures out of him tomorrow but I specifically remember him saying his biggest transport customer were getting out of hauling everything but gas because so much money was in it.

Not sure if this holds true all the time but one transport company he spoke with buys the gas from the refinery and sells it themselves to the stations. The truck driver alone kept a larger cut that I would have ever figured. Shreveport, Louisiana here by the way.
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