Petrol (Gasoline) Prices Around the World - Part Deux 2008

[palmer]

You're preaching to the choir John....

Still $3.42 in St. Joe and down to $3.51 in KC. St. Jow has held steady at $3.42 for almost 3 weeks. I was letting off the gas but this drop (gulp, I can't believe I'm saying this) I put my foot to the pedal again and quit coasting

 

[palmer]

Wow....gas prices decline and the thread goes dead....guess they can say "Mission Accomplished"....raise prices til they scream then lower them slightly and it is acceptable.....

 

[Wes Bucey]

Wow....gas prices decline and the thread goes dead....guess they can say "Mission Accomplished"....raise prices til they scream then lower them slightly and it is acceptable.....

This morning, I had a few errands to run in a ten mile radius from my home. Brand name gasoline (87 octane unleaded, some with, some without ethanol added) ran from $3.83 to $4.21. Within the same brand (Mobil) the range ran from $3.90 to $4.21. I know for a fact there is absolutely no difference in local excise or sales taxes between the various locations. All variation between stations (other than greed of operator) is due to real estate cost for station owner or wholesale price from distributor,

These were pump prices, before rebates for using certain credit cards or discounts for car wash purchases. The Citgo stations were consistently within 5 cents of each other. Shell and Mobil ranged from 20 cent spreads to 31 cent spreads. Local law DOES allow discount for cash versus credit, but none of the stations in our area have yet deployed that strategy. Elsewhere in our state, the maximum credit fee to the station owner by American Express is 2 per cent (the highest of ALL credit cards), but stations discounting for cash are creating an average 5 per cent spread. This means either cash buyers are getting a real bargain or credit buyers are being screwed!
Added in edit:
I suppose it could also mean the station owners are TERRIBLE at math!

 

[Coury Ferguson]

Here is a link to show Gas Prices and Stations for your Postal Zip Code: MSN Gas Prices by postal zip code

Here is the link for the San Fernando Valley: San Fernando Valley Gas Prices

 

[Wes Bucey]

Here is a link to show Gas Prices and Stations for your Postal Zip Code: MSN Gas Prices by postal zip code

Here is the link for the San Fernando Valley: San Fernando Valley Gas Prices

FIGURES DON'T LIE, BUT LIARS FIGURE. A quick check shows the stations reporting in my zip code are reporting prices AFTER discounts for buying car wash, etc. as their lowest prices - (could be as much as 20 cent difference!) Looks like fewer than 1/2 of stations are on the report list.

 

[qualitytrec]

I picked up gas in Herriman, UT for $3.59 yesterday but that was after a $0.10 grocery rebate at Smith's Food King. I still long for the gas that is under $3.00 but it is better than the $4.27 I spent last week in CO along I-70.

Mark

 

[palmer]

Here's the quarterly price switch between St. Joe and Kansas City.

KC = $3.39/gallon
St.Joe = $3.49/gallon

Basically, a complete reversal of price difference. This happens about every 3 months and lasts maybe 2 weeks. Then it will switch back for the rest of the quarter.

60 miles apart and one city stays at least $.10/gallon lower for almost an entire quarter then the prices switch for 2 weeks before it goes back to this....

To quote The Rock..."can you smell what The Rock is cooking?..."

 

[palmer]

I was driving home tonight and about had a cow....Quik Trip had gas at....:mg: $3.02/gallon

I would never have thought that we would see gas prices that low again...unbelievable

 

[Wes Bucey]

I was driving home tonight and about had a cow....Quik Trip had gas at....:mg: $3.02/gallon

I would never have thought that we would see gas prices that low again...unbelievable

Did you buy it at that price?

I have an anecdote where I was the chump.

Some time back when gas was approaching $4.00/gallon, I was driving on the interstate in Wisconsin and I saw a sign near one of the exits for gas at $2.39. I missed the exit, but drove a number of miles to the next one and drove back, figuring it was a special promotion or gas war, got off at the interchange and worked my way to the station. When I got to the station, I found it completely closed, with the pumps removed and the building deteriorating, obviously closed for months. The fifty foot high sign was still there, though, beckoning bargain hunters to "$2.39!"

 

[Phil Fields]

It is SAD to think that $3.02 is low!