$7/gallon gas is coming

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Last time oil was $96 a barrel, gas was $3.62 a gallon.

Now it’s $4.31.

But ya, let's be mad at Biden.

It’s the same price gouging that businesses have been doing for months.

Prove there is price gouging. That is illegal and if there is evidence prove it.

Do you understand how this works? Gas stations purchase gas in advance. They pay the market price. By the time they get the gas delivered and ready for customers, they charge according to the price they pay for the gas. So, if it was purchased and paid a week ago, the price at the pump will reflect what THEY paid for the gas.

So, in summation - just because a barrel drops in price today, don't expect to see prices at the pump drop tomorrow. They are charging according to what THEY paid when they purchased the gas.

This is part of the equation. The other part is what the guy down the street is doing. They all have a vested interest in tracking each other’s prices very closely.

And, if you have proof of price gouging, report it. It is illegal.
I think you all just like to complain and accuse without knowing how the market works.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Last time oil was $96 a barrel, gas was $3.62 a gallon.

Now it’s $4.31.

But ya, let's be mad at Biden.

It’s the same price gouging that businesses have been doing for months.

Prove there is price gouging. That is illegal and if there is evidence prove it.

Do you understand how this works? Gas stations purchase gas in advance. They pay the market price. By the time they get the gas delivered and ready for customers, they charge according to the price they pay for the gas. So, if it was purchased and paid a week ago, the price at the pump will reflect what THEY paid for the gas.

So, in summation - just because a barrel drops in price today, don't expect to see prices at the pump drop tomorrow. They are charging according to what THEY paid when they purchased the gas.

This is part of the equation. The other part is what the guy down the street is doing. They all have a vested interest in tracking each other’s prices very closely.

And the other part is the cost to transport the gas from the source to the gas stations. Supply chain costs. You’ve heard about the issues there, right?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Last time oil was $96 a barrel, gas was $3.62 a gallon.

Now it’s $4.31.

But ya, let's be mad at Biden.

It’s the same price gouging that businesses have been doing for months.

Prove there is price gouging. That is illegal and if there is evidence prove it.

Do you understand how this works? Gas stations purchase gas in advance. They pay the market price. By the time they get the gas delivered and ready for customers, they charge according to the price they pay for the gas. So, if it was purchased and paid a week ago, the price at the pump will reflect what THEY paid for the gas.

So, in summation - just because a barrel drops in price today, don't expect to see prices at the pump drop tomorrow. They are charging according to what THEY paid when they purchased the gas.

This is part of the equation. The other part is what the guy down the street is doing. They all have a vested interest in tracking each other’s prices very closely.

And the other part is the cost to transport the gas from the source to the gas stations. Supply chain costs. You’ve heard about the issues there, right?

Yes, some greedy people are using this conflict as a way to gauge their customers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Last time oil was $96 a barrel, gas was $3.62 a gallon.

Now it’s $4.31.

But ya, let's be mad at Biden.

It’s the same price gouging that businesses have been doing for months.

Prove there is price gouging. That is illegal and if there is evidence prove it.

Do you understand how this works? Gas stations purchase gas in advance. They pay the market price. By the time they get the gas delivered and ready for customers, they charge according to the price they pay for the gas. So, if it was purchased and paid a week ago, the price at the pump will reflect what THEY paid for the gas.

So, in summation - just because a barrel drops in price today, don't expect to see prices at the pump drop tomorrow. They are charging according to what THEY paid when they purchased the gas.

This is part of the equation. The other part is what the guy down the street is doing. They all have a vested interest in tracking each other’s prices very closely.

And the other part is the cost to transport the gas from the source to the gas stations. Supply chain costs. You’ve heard about the issues there, right?

Yes, some greedy people are using this conflict as a way to gauge their customers.

Hmmm. Sounds like you don’t grasp logistics or what a supply chain is. Wonder how many of the gas tanker drivers are participating in the local rally vs. doing their f’ing job.

[Anonymous]

I'll pay a premium if we can buy Biden some balls to stand toe-to-toe with Putin.

[Anonymous]

Oil prices have gallon $40/barrel.

No reason for high gas prices.

[Anonymous]

Anonymous wrote:I'll pay a premium if we can buy Biden some balls to stand toe-to-toe with Putin.

Maybe you haven't been paying attention, but Biden's already ripped off Putin's left testicle by applying the worst sanctions any nation has ever seen in history along with arming Ukraine to the teeth to the point where Russians are losing troops and equipment 10:1.

[Anonymous]

Anonymous wrote:I'll pay a premium if we can buy Biden some balls to stand toe-to-toe with Putin.

How would that look, exactly? What do you have in mind?

[Anonymous]

The ripoff, exposed.

[Anonymous]

Anonymous wrote:I'll pay a premium if we can buy Biden some balls to stand toe-to-toe with Putin.

You mean peoples sons and daughters? Let’s not forget who we’d really be sending to stand toe to toe. . No thank you.

[Anonymous]

According to Gas Buddy dot com, the station I use in the RVA area has gas at $3.97. It's down .20 in three days. It's cheaper than when Bush 2 was president.

[Anonymous]

Thanks to Joe Biden’s strong leadership, gas prices are finally going down! Thanks Joe!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Last time oil was $96 a barrel, gas was $3.62 a gallon.

Now it’s $4.31.

But ya, let's be mad at Biden.

It’s the same price gouging that businesses have been doing for months.

Prove there is price gouging. That is illegal and if there is evidence prove it.

Do you understand how this works? Gas stations purchase gas in advance. They pay the market price. By the time they get the gas delivered and ready for customers, they charge according to the price they pay for the gas. So, if it was purchased and paid a week ago, the price at the pump will reflect what THEY paid for the gas.

So, in summation - just because a barrel drops in price today, don't expect to see prices at the pump drop tomorrow. They are charging according to what THEY paid when they purchased the gas.

This is part of the equation. The other part is what the guy down the street is doing. They all have a vested interest in tracking each other’s prices very closely.

And, if you have proof of price gouging, report it. It is illegal.
I think you all just like to complain and accuse without knowing how the market works.

To quote Stalin: The death of one man is a tragedy. The death of millions is a statistic." The point? When it has become a business practice, it ceases to be a reportable thing.

[Anonymous]

Anonymous wrote:I'll pay a premium if we can buy Biden some balls to stand toe-to-toe with Putin.

You first.

When's your flight out to Eastern Europe to put boots on the ground, Mr./Ms. Tough person?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Last time oil was $96 a barrel, gas was $3.62 a gallon.

Now it’s $4.31.

But ya, let's be mad at Biden.

It’s the same price gouging that businesses have been doing for months.

Prove there is price gouging. That is illegal and if there is evidence prove it.

Do you understand how this works? Gas stations purchase gas in advance. They pay the market price. By the time they get the gas delivered and ready for customers, they charge according to the price they pay for the gas. So, if it was purchased and paid a week ago, the price at the pump will reflect what THEY paid for the gas.

So, in summation - just because a barrel drops in price today, don't expect to see prices at the pump drop tomorrow. They are charging according to what THEY paid when they purchased the gas.

This is part of the equation. The other part is what the guy down the street is doing. They all have a vested interest in tracking each other’s prices very closely.

And the other part is the cost to transport the gas from the source to the gas stations. Supply chain costs. You’ve heard about the issues there, right?

Yes, some greedy people are using this conflict as a way to gauge their customers.

Hmmm. Sounds like you don’t grasp logistics or what a supply chain is. Wonder how many of the gas tanker drivers are participating in the local rally vs. doing their f’ing job.