Report gas gouging!!

Report gas gouging!!

This is a discussion on Report gas gouging!! within the Off Topic & Humor Discussion forums, part of the The Back Porch category; Prices way up at your local station? GO HERE! DOE's Gas Price Watch Hotline - Web Form...

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  1. #1
    Distinguished Member Array AKsrule's Avatar
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    Report gas gouging!!

    Prices way up at your local station?
    GO HERE!


    DOE's Gas Price Watch Hotline - Web Form

    -------
    -SIG , it's What's for Dinner-

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  2. #2
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    Thanks for the post.

    I am always amazed at how the gas...already in the station's tanks, before refilling them...has suddenly cost the station more because of a storm somewhere in Egypt...thieves!

    Report them all!
    The last Blood Moon Tetrad for this millennium starts in April 2014 and ends in September 2015...according to NASA.

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  3. #3
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    I know a lot of people think that there is 'gouging' happening. It may happen in a FEW places but it is not rampant.

    We now live in such a tight market with oil (supply of refined product barely keeping up with demand), that any time any little hick-up occurs....like Ike....the price jumps. The three main things that effect price are:

    Disruptions in refined product.

    Obtaining product to refine.

    Government regulations on refined product.


    There is a couple of fixes for this......the FIRST being to build more refineries......There have been no new ones in over 30 years. That is longer than a lot of people on this board have been alive. That way when production in one part of the country is effected, the other areas can make up for it.

    The other price factor is where we get the crude from.....everybody here should be familiar with this process & who we get oil from. Since this is a globally marketed product, the majority of countries have to rely on other countries for it.

    The last thing is how our government gets it's dirty little fingers involved. From taxing it excessively, environmental restrictions on where we get it, to requiring certain blends that vary from region to region & time of year.

    Do you who makes the most money on oil? I'll give you a couple of hints:

    -It isn't the oil companies (Exxon, BP......etc...).
    -It isn't the retailers (gas station owners).
    -It's not the refiners.
    -It's not the distributors.

    IT'S THE GOVERNMENTS OF THE COUNTRIES SUPPLYING THE CRUDE! Like Saudia Arabia, Mexico, Canada etc.....& it is our own government who makes hundreds of billions of dollars on oil....& they don't have to do anything to get that money.

    When you look at a gallon of gasoline here is the breakdown:

    -65% goes toward the purchase of the crude oil. (this is going to the producer to get it out of the ground & get it to market.) Their profit is about 11.5% after expenses.

    -16% to refining. (this is the cost of 'cracking' it into all the products derived from oil) Their profit is 2-3% after expenses.

    -9% to distribution (cost of getting the refined product to your tank...includes shipping & gas station profit, which is usually a few cents a gallon.) Their profit is about 1.5-2% after expenses.

    -10% to the US government. (This is straight profit for the government, they don't do ANYTHING to help the process, they just stand there putting up roadblocks until they are paid.)




    Barrel of Oil, Products of Oil
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  4. #4
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    Quote Originally Posted by retsupt99 View Post
    Thanks for the post.

    I am always amazed at how the gas...already in the station's tanks, before refilling them...has suddenly cost the station more because of a storm somewhere in Egypt...thieves!

    Report them all!
    The cost at the station is determined by the price it will cost the station to REFILL their tanks! The gas station makes VERY LITTLE PROFIT ON A GALLON OF GAS. They only make pennies per gallon, the station operators arre the ones making the LEAST on a gallon of gas.
    Quemadmodum gladius neminem occidit, occidentis telum est.-Seneca

    "If you carry a gun, people will call you paranoid. If I have a gun, what do I have to be paranoid about?" -Clint Smith

    "An unarmed man can only flee from evil, and evil is not overcome by fleeing from it." -Jeff Cooper

  5. #5
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    Quote Originally Posted by goawayfarm View Post
    The cost at the station is determined by the price it will cost the station to REFILL their tanks! The gas station makes VERY LITTLE PROFIT ON A GALLON OF GAS. They only make pennies per gallon, the station operators arre the ones making the LEAST on a gallon of gas.
    Wouldn't that mean the the pass along cost would/could/should change when the tank is refilled...not when they hear about a rise in price?
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  6. #6
    Senior Member Array flagflyfish's Avatar
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    Check out this website, it shows gas prices nationwide.
    USA National Gas Temperature Map

    I really don't understand why the midwest has the highest prices when they are closest to the supply
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  7. #7
    Distinguished Member Array morintp's Avatar
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    Quote Originally Posted by goawayfarm View Post
    The cost at the station is determined by the price it will cost the station to REFILL their tanks! The gas station makes VERY LITTLE PROFIT ON A GALLON OF GAS. They only make pennies per gallon, the station operators arre the ones making the LEAST on a gallon of gas.
    Then why don't the prices go down with the same kind of timing? When the prices go down and it's going to cost them less to refill the tanks, the prices stay up until after they get the lower cost shipment.
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  8. #8
    Member Array Chris Dawg's Avatar
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    While the pricing might be wrong I don't really think it is gouging in a free market. The gas price goes up here every time that hurricanes get close to FL.

    Gouging happens when the consumers have no choice but to buy the product regardless of the cost.

    Check out the Wiki deffinition
    Price gouging - Wikipedia, the free encyclopedia

  9. #9
    Distinguished Member Array AKsrule's Avatar
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    Quote Originally Posted by Chris Dawg View Post
    While the pricing might be wrong I don't really think it is gouging in a free market. The gas price goes up here every time that hurricanes get close to FL.
    Gouging happens when the consumers have no choice but to buy the product regardless of the cost.
    Check out the Wiki deffinition
    Price gouging - Wikipedia, the free encyclopedia
    Choice?????
    I need transportation to work and care for family members,
    and there is no public transit here.

    My ONLY CHOICE is a private vehicle
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  10. #10
    VIP Member Array PatrioticRick's Avatar
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    I think if it's over $1.50 it's gouging, but that me.
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  11. #11
    Member Array Chris Dawg's Avatar
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    Quote Originally Posted by AKsrule View Post
    Choice?????
    I need transportation to work and care for family members,
    and there is no public transit here.

    My ONLY CHOICE is a private vehicle
    Choice because you don't have to buy gas from that store.

    In a free market the price is set by whatever the market will bare.
    What is the option? Government controlled prices?

  12. #12
    Member Array Chris Dawg's Avatar
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    Don't get me wrong here. I think the greedy MF'ers from the oil companies have enough money already. It is just that I have seen the scenario played out at least once a year for a bunch of years. Like I said the gas in central FL goes up every time the wind blows a little. I was fortunate in that I filled up the day before the prices went up. Not because I was smart and saw it coming, but it just was time.


    Here in Florida the Governor says that the prices went up with demand. I am not sure if that is the same in other states.

  13. #13
    Distinguished Member Array AKsrule's Avatar
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    Quote Originally Posted by Chris Dawg View Post
    Choice because you don't have to buy gas from that store.

    In a free market the price is set by whatever the market will bare.
    What is the option? Government controlled prices?
    Every gas station within 10 miles of me in PA has the same price,
    and NY (im near border) has a higher gas tax.

    .
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  14. #14
    Member Array Chris Dawg's Avatar
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    Quote Originally Posted by AKsrule View Post
    Every gas station within 10 miles of me in PA has the same price,
    and NY (im near border) has a higher gas tax.

    .
    I don't know what else I can say on this topic. I agree with the free market system. I don't think selling high priced gas in PA during hurricane Ike is price gouging (or FL for that matter). However it might be in Galveston TX. That is all I have.

  15. #15
    Restricted Member Array SelfDefense's Avatar
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    Quote Originally Posted by Chris Dawg View Post
    Don't get me wrong here. I think the greedy MF'ers from the oil companies have enough money already.
    Just curious, but how much money is enough? And who should determine it?

    Do you think a company is greedy because it tries to maximize profits?

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