$2.39 Gas

[MikePA]

If they are not fixed...

In other words, anybody who does not believe price fixing is happening, has to prove it's not occuring? That's like saying, "There's daily, empirical, evidence the rooster crowing causes the sun to come up. If you disagree, you have to prove something else causes the sun to rise."

In 30 years, no one, of all the thousands of people who would have to have been involved, no one has leaked information about this grand conspiracy to the press? And no one in the press, in 30 years, has uncovered anything?

 

[texbaylea]

Mike

If they are not fixed, then how come in a given area all of the stations regardless of brand have exactly (to the penny) the same price. And change them on the same day. I just don't think our government really wants to get to the bottom of this. Big oil gives too much to political campaigns. All I hear is a bunch of politicians saying they will look into it but nothing useful ever happens..

I don't care how they are arrived at, if the prices at all the stations in an area are the same the PRICE IS FIXED. It's like a "Black Box" in engineering, You look at the input and output characteristics to determine what is going on. Only then do you look inside. Someone needs to determine from the input (costs vary even if OPEC is the same) and Output (price remains relatively constant in an area). The processing and delivery cost for all oil companies cannot be the same so something is clearly holding the prices constant.j


Andy

Andy

Any price setting is local. There are a very limited number of ditributors regardless of brand in each community. Every station owned/served by that distributor. is going to be within a penny of each other. Almost all stations are leased with the price set by the distributor/lessor. There are very,very few stations owned by the operator as most have been squeezed out by the high costs of location, building and equipment.

In our area most distributors are independent not owned by the "big oil companies".

Vernon

 

[Bird]

Mike

If they are not fixed, then how come in a given area all of the stations regardless of brand have exactly (to the penny) the same price. And change them on the same day. I just don't think our government really wants to get to the bottom of this. Big oil gives too much to political campaigns. All I hear is a bunch of politicians saying they will look into it but nothing useful ever happens..

I don't care how they are arrived at, if the prices at all the stations in an area are the same the PRICE IS FIXED. It's like a "Black Box" in engineering, You look at the input and output characteristics to determine what is going on. Only then do you look inside. Someone needs to determine from the input (costs vary even if OPEC is the same) and Output (price remains relatively constant in an area). The processing and delivery cost for all oil companies cannot be the same so something is clearly holding the prices constant.j


Andy

Andy, first let me say that from my house to my daughter's home 15.5 miles away, today I saw the regular unleaded gasoline prices posted from $2.039 at a Walmart to $2.379 at an Exxon station. In between, we saw $2.089, $2.099, $2.149, $2.279 and probably some others, but that's all I can remember for sure.

So you, and everyone else, is free to believe whatever you want, with or without any proof or evidence.

 

[Slamfire]

I think one reason diesel is staying higher is the need to build up stockpiles of home heating oil, which comes from pretty much the same fractions of crude.

 

[Doc_Bob]

With the rampant hatred of the oil industry, for more than 30 years, you'd think someone, somewhere, at some time, could have uncovered some evidence of price fixing. No one has, yet people still think they do.

The only segment of the gas/oil industry that fixes prices is OPEC.

Thank you for stating the truth. It is so refreshing.
Bob

 

[Michael_E_Tx]

Saw diesel in my neck of the woods today for $2.45 9/10. Lowest so far around here.

Mike

 

[Wesdor]

My son filled up with regular for $2.17 in Davenport, Iowa. Bio-Diesel was $2.39 when I was in Clinton, Iowa on Friday.

But like Bird says, prices are all over the place.

BTW - do you all know that CITGO is Venezualan owned? Hugo Chavez nationlized the oil industry and is using CITGO money to fund his favorite projects.

 

[mjarrels]

186.9 today

mark

 

[Ken_CT]

On Gas Prices - MSN Autos a site for your local gas station prices by zipcode, the highest in the country today is $3.929 in Kaunakakai HI, and the lowest is $1.799 in Richmond MI. This is a pretty accurate site.

 

[MikePA]

On Gas Prices - MSN Autos a site for your local gas station prices by zipcode.... This is a pretty accurate site.

Now what fun would there be if everyone went to this site? We wouldn't have threads like this.