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#1 |
Too lazy to set a custom title
Join Date: Dec 2006
Posts: 29,032
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What constitutes price gouging at the station level?
I have one station down the street that is $4.39 for regular, and another not much further which is getting $4.69. What could make their prices so much higher? Are they getting away with something, and where do I narc on their Arab ass?
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#2 |
i have man boobies
Join Date: Jul 2003
Location: van down by the river
Posts: 13,082
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they can charge whatever they want.
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#3 |
Let's do some business!
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Join Date: Sep 2004
Location: Austin, TX
Posts: 31,327
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What is there to narc on? Go to the cheaper one.
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#4 |
lurker
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Join Date: Aug 2002
Location: atlanta
Posts: 57,021
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what I dont get is oil futures go up today and the price goes up today. That oil is months and months away.
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#5 |
Too lazy to set a custom title
Join Date: Dec 2006
Posts: 29,032
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#6 |
Confirmed User
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Join Date: Apr 2006
Location: Visiting a city near you soon !
Posts: 6,853
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When they start charging $10 a gallon then its time to get upset ! ( you dont have long to wait )
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#7 |
Too lazy to set a custom title
Join Date: Dec 2006
Posts: 29,032
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#8 |
It's coming look busy
Join Date: Mar 2001
Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn".
Posts: 35,299
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There is no mandated fix price cap. There is no natural disaster. Thus they are free to ass rape you. Oh by the way the ARCO by me is not Arab owned which is the cheapest, then the next station down which is Paki owned is about a penny higher. If you want ass raping you will visit either Chevron or Shell both of which are non Arab owned and typically rand 40-70 cents higher per gallon.
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#9 |
Webmaster Extraordinaire
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Join Date: Jul 2002
Location: A beautiful beach...
Posts: 10,748
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the price is set by the individual gas station, but they have to be within the levels allowed by the gas brand they sell.
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#10 |
Confirmed User
Join Date: Jul 2002
Location: Las Vegas
Posts: 2,625
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I think the 'stations' are actually making less on gas now then they were in years past because they have to price themselves more competitively. People seem to pay more attention to who has what price these days where as before you would just go to whatever station was the closest without giving it too much thought. It also sucks for them because I think people are buying fewer other items (milk, bread, soda, etc.) when they fill up their tanks and that is where the stations make the bulk of their profits.
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#11 | |
Too lazy to set a custom title
Join Date: Dec 2006
Posts: 29,032
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Quote:
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#12 | |
Confirmed User
Join Date: Aug 2001
Location: True 3D Content
Posts: 1,937
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Quote:
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#13 |
Confirmed User
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Join Date: Mar 2008
Location: Miami
Posts: 5,527
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Today, Gas by my house was $4.25, By work $4.05, at Sam's Club $3.80.
The line for the pumps at Sam's Club was huge, the whole parking lot was taped off. One entrace/exit only. I am going to invest in rollor blades and a huge dog with a long lease to propel me around. No more gas for me suckers. ![]() P.U.M.A
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#14 | |
It's coming look busy
Join Date: Mar 2001
Location: "Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn".
Posts: 35,299
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Quote:
Hell I have always known I am nothing more than a serf in a kingdom. Learned that early on in grade school.
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#15 |
Geo Cities
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Join Date: Aug 2003
Location: North Captiva Island, Florida USA
Posts: 11,832
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There is an Arco station by me @ $4.19 and a Thrifty Gas @ $4.79 with people filling up at both. Why would Thrifty Gas lower there price if people keep paying it?
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#16 |
Confirmed User
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Join Date: Apr 2002
Location: Los Angeles
Posts: 6,986
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Stations make way less money when prices are high. Something like .10 to .20 per gallon. Most stations make the bulk of their profits off the mini mart portion of the station.
You are getting gouged but its not by the station owners. Thats why most of the big oil companies have sold off most of their stations and owners just pay to keep using the brand name. |
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#17 | |
Confirmed User
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Join Date: Mar 2008
Location: Miami
Posts: 5,527
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Quote:
http://www.miamigasprices.com/Amerik...ons/index.aspx The most expensive gas in Miami seams to be located in Miami Lakes, while the cheapest is in Hialeah. Chevron Miami Lakes (Richer Area) $4.37 U-Gas Hialeah (Less afluent) $3.75 I know that for some $0.25 a gallon equates to a $2.50 savings by going to the lowest price pump. Don't go into a bad area to save a buck, it's not worth the $2.50 or even $6.20 from the example above. Your life is worth more then $2.50.
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#18 |
Confirmed User
Join Date: Jun 2007
Posts: 329
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#19 |
Megan Fox's fluffer
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Join Date: Oct 2005
Location: shooting pool in Elysium
Posts: 24,818
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What pisses me off is how the price at the pump goes up within 12 hours of an increase per barrel - yet takes weeks to fall when oil prices go down (that's *IF* they even go down).
We're bracing for another 4-5 cent increase here in Niagara region shortly. We're now at $1.29/litre. |
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#20 |
Too lazy to set a custom title
Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
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Back in high school I worked at a small store that sold gas. Some of the smaller mom and pop type stores have to pay more for their gas than the big chain stores do so they may charge more. But that doesn't mean there isn't gouging. I used to work in a city that was kind of in a bubble on the freeway. There was no town within about 5 miles of it either way and the stations knew it. Gas there was 20cents a gallon higher than anywhere else.
The real gouge is when they get greedy. For example there is a little independent store near my house, just outside of town that may go out of business because of this. They would raise their prices during peak times. So from 6am-9am they would price the gas at $4.15 per gallon. Then from 9am-3pm they dropped it to $4.01 then raised it back up from 4pm-7pm then dropped it back down for the night. They wanted to get the most out of the commuters. Someone got pissed and called the local paper who did a story on it. The story spread around town like wildfire and even the local news showed up to do a story and the city mayor made a statement about how he thought that was wrong. Their store looks like a ghost town now. They stopped doing it, but it may cost them their business. |
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#21 |
mmm yeah!
Industry Role:
Join Date: Feb 2005
Location: roseville, ca
Posts: 5,061
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why the fuck should they care about how high the prices are going? i mean everyone just sits back and takes it in the ass so fuck it. until heads start rolling over a tank of gas they'll keep driving it up higher and higher.
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#22 |
Too lazy to set a custom title
Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
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A friend and I were saying this the other day. I basically said: " If they raise it t $5.00 per gallon, we will buy it. If they raise it to $10 per gallon we will complain, then line up and buy it. we have no choice. Most of us have created lives for ourselves that are reliant upon having a car to take us places. Without the car, they have major troubles and the car needs gas so they will pay whatever it takes. Most of these people have also let themselves be convinced they need an SUV so now they are really feeling the pinch as they pay for a car with a huge motor and 4 wheel drive that has never even seen a dirt road or hauled anything more than groceries."
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#23 |
Confirmed User
Join Date: Aug 2007
Location: Scottsdale
Posts: 877
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my way of thinking is, what is going to happen say when it hits 6 or 7 or 8 dollars... will you get robbed at gun point for your gas?
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#24 | |
Too lazy to set a custom title
Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
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Quote:
And this is just the cost of getting to work. The other day on the news they said the cost of food is projected to rise 9% per year until 2012 because of fuel costs. This mean in 4 years food will cost around 32% more than it does today. The cost of just about everything is going up because of the cost of fuel. So you will pay more to go work and feed your family which means you will have less to spend and when people stop buying shit they don't knee the economy goes into recession. The hard part of coming out of a recession like that is that it will require the average person to actually make changes to their lives and that is not an easy thing to get people to do. |
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#25 |
Too lazy to set a custom title
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Join Date: May 2001
Location: My network is hosted at TECHIEMEDIA.net ...Wait, you meant where am *I* located at? Oh... okay, I'm in Winnipeg, Canada. Oops. :)
Posts: 51,460
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Absolutely, the cost of food will go up, cost of building materials will go up, and the price of pretty much anything that has to be transported to be sold will go up. People seem to overlook that when complaining about gas prices (or not complaining, like some of the self-proclaimed uber rich here).
Fact is no matter how well-off you are, no matter if you work from home or drive an hour each way to work, somewhere, somehow, the rising cost of fuel is going to bite you in the ass. Great post Kane.
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#26 |
<&(©¿©)&>
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Join Date: Jul 2002
Location: Chicago
Posts: 47,882
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Looks like they are just fucking themselves over with this move... now a days gas is a hot topic and people are quite aware of gas prices at different stations.... they will all just fill up at the cheaper station...
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#27 |
Confirmed User
Join Date: May 2005
Location: Behind The Lens
Posts: 6,323
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I agree! This crap pisses me off to no end. They are making money hand over fist and if oil goes up they run right out and throw up a higher price when they have not even sold off the stuff they paid less for.
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#28 | |
sex dwarf
Join Date: May 2002
Posts: 17,860
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Quote:
Since gas prices will continue to rise (on average) for the next few decades, the sooner the economy is forced to adapt to the new situation the better.
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#29 |
Confirmed User
Join Date: Nov 2007
Location: New York State
Posts: 1,347
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well, in busines they can really charge what they want. The problem with "pure competition" such as gas stations is they can all get together and agree to charge so much a gallon, much like bars and pubs they can charge the same range for a drink and get away with raising prices as long as all of them do it.
Sucks. Just last week the Sunoco down the road was 4.17 per gal and at noon they were changing the price to 4.23 per gal ..and hadnt received a delivery. They are charging based on future prices. its gotta end somewhere. |
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#30 |
Too lazy to set a custom title
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Join Date: Mar 2003
Location: Homeless
Posts: 62,911
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No they can not. They can only go a certain point over what the company they sell for says.
If they are a shell then Shell sets a max price they can charge per gallon. At least thats how it used to be.
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#31 |
Megan Fox's fluffer
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Join Date: Oct 2005
Location: shooting pool in Elysium
Posts: 24,818
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As if we needed more proof of price fixing:
By The Canadian Press MONTREAL - The federal Competition Bureau says criminal charges have been laid against 13 people and 11 companies for allegedly fixing gasoline prices in four Quebec markets. (more) http://ca.news.yahoo.com/s/capress/0...ime_gas_prices |
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#32 |
Damn Right I Kiss Ass!
Industry Role:
Join Date: Dec 2003
Location: Cowtown, USA
Posts: 32,409
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Gouging would be charging a higher price during a fix period of shortage.
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#33 | |
Too lazy to set a custom title
Join Date: Mar 2002
Location: Australia
Posts: 17,393
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Quote:
Assuming 40 litre average tank size $1.60/litre Let's say 5c/litre profit 2 driveoffs = $124 worth of petrol wholesale To recoup just that loss alone will require the purchase of 2,480 more litres, or roughly 62 full tanks. ![]() I don't think that would wipe out all profits for the day, but it would probably put a sizeable dent in them... |
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#34 |
Too lazy to set a custom title
Join Date: Mar 2002
Location: Australia
Posts: 17,393
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#35 |
Too lazy to set a custom title
Join Date: Jun 2003
Location: Ottawa
Posts: 19,631
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I don't know what the laws in the states are but in Quebec, Ultramar was fined some 2 million dollars for price fixing.
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