$2.39 Gas

[AndyM]

Went to the Columbus (OH) Zoo today and saw diesel for $2.83 but the cheapest gas was $2.35. Still $2.21 here in Cambridge. BTW, milk is holding steady @ $1.99

John

But what is the weather like in your neighborhood?
The lowest gasoline I've seen around here today is $2.26.

 

[George2615]

Prices haven't changed in NY since 8-29. Gas still averaging 2.89 - 2.95 and 3.14 - 3.15 for Diesel. State is gulping the extra .50 from us and won't give it up.

 

[dmccarty]

Prices have fallen pretty quickly here over the last couple of weeks. Gas is now 2.61, 2.71 and 2.81. Diesel fell from 2.95 to 2.89. I think diesel will drop the next time the station fills up. The gas earlier in the week was 2.69, 2.79, and 2.89.

I do like the trend.

Later,
Dan

 

[Casey1]

Is diesel more expensive to refine than gasoline?

I live in Houston, no need for winter gas. $2.33 the cheapest I've seen here.

 

[NewToy]

Gasoline was down to $2.16 yeaterday but the diesel is still hovering around $2.87. I don't know about the refining process of gas vs diesel but I know diesel has alot more energy in it than gasoline. Probably why they are getting the extra $$$ ?
Currently 77 degrees with a few puffers in the sky. Gonna get the landscape rake out and work on the driveway a bit.
John

 

[higgy]

Crap, It is still 3.00 gas and 3.50 diesel here today. But no, there is not price fixing going on!

 

[Bird]

I paid $2.399 for gas at Walmart this morning. It was exactly 6 months ago today the last time I found any gas that cheap. However, I also notice that their price on diesel was $2.899. I expect to see diesel 20 or 30 cents a gallon more than gas, but think this may be the first time I've seen it 50 cents more than gas.

 

[bugstruck]

I paid $2.399 for gas at Walmart this morning. It was exactly 6 months ago today the last time I found any gas that cheap. However, I also notice that their price on diesel was $2.899. I expect to see diesel 20 or 30 cents a gallon more than gas, but think this may be the first time I've seen it 50 cents more than gas.

That is a considerable spread. In Maryland we typically pay less for diesel than gas in the spring and summer and more than gas in fall an winter. Guess it's like that everywhere?? I think about 30 or 35 cents is the largest spread I've ever seen here. But we do typically pay more than the Costal Gulf states (proximity and geographic costs I presume), except perhaps at Hurricane disaster time. Then they rake you guys but good.

We are just cracking the high $2.60 range for regular here. and Diesel is about 2.90 now. I actually was looking at the low $2.70 range last week and thinking "Boy that's cheap". The oil companies now have me fully indoctrinated into the $3.00 mindset. Sad reality.

 

[AndyM]

Paid $2.16 at BP in Rootstown Ohio this evening. Circle K went from $2.17 to $2.15 by the time I left BP. These two, along with the Speadway station at I-76 and route 44 that have been taking turning lowering their prices for the past few days.

Funny, because gasoline is $2.34 at BP one exit to the west, and $2.49 a gallon three exits east out by my house. If there is only supposedly 10 cents or less profit per gallon, how much profit are the gas stations down the street making at $2.49 per gallon versus $2.15 a gallon 15 miles away?

 

[NewToy]

I wonder where it's going to bottom out? I fueled up at Murphy's at Wally World and gas was $2.17 and diesel was down to $2.74. If you go and get your pre-paid Wally card you can take .03 off of those prices. I wonder if the demand has slacked off that much to get prices down or if there are other forces at work?

John

 

[NewToy]

Crap, It is still 3.00 gas and 3.50 diesel here today. But no, there is not price fixing going on!

I feel for you guy's up there in Idaho. You are getting it handed to you at the pumps. I hope at least the spuds are cheap as ****.

John

 

[dgl24087]

I paid $2.219 for BP regular unleaded yesterday, diesel was $2.699.

 

[NewToy]

I paid $2.219 for BP regular unleaded yesterday, diesel was $2.699.

I travel I-77 quite regurlaly and Wytheville, VA was always the cheapest place to get fuel along the way to FLA. It was 20 or 30 cents cheaper than here in Ohio. That's what is perplexing me, how can the prices change so much regionally? We have just about the cheapest fuel in the country and we used to be right up there with prices throughout FL.
Tx,
John

 

[rswyan]

It was $2.26 here tonight at the local corner gas station (independent)

 

[Gatorboy]

That's what is perplexing me, how can the prices change so much regionally?

Can you say TAXES?

 

[AndyM]

Can you say TAXES?

No, I can't...
Here in this part of Ohio, prices are down to $2.09 in one area, and still at $2.43 only 15 miles away. The area that currently has the higher prices had been traditionally a few cents a gallon lower in the past. Looks like they're trying to make a little bit extra while they can.

 

[NewToy]

Can you say TAXES?

Unless they raise and then lower the taxes four or five times a year I'd attribute these price fluctuations to some other type of chicanery.
John

 

[Gatorboy]

Looks like they're trying to make a little bit extra while they can.

More power to them. That's how business works. If people don't want to pay those prices, they will buy their gas down the street.

No one is forced to go to those higher priced stations. If people go elsewhere, they may lower their prices.

I don't hear much complaining that the local hardware store charges more than Home Depot. In fact, I hear the opposite -- people complaining that Home Depot is too cheap, putting the poor hardware store out of business. I guess some people just love to complain, for they take positions on both sides of the argument.

 

[IslandManMitch]

I was told sometimes price drops faster than they sell the gas. So if you have a tank full of last weeks high priced gas and the station down the street gets a load of this weeks cheaper gas you can't lower your price to match his without taking a loss. Well cheaper gas sells faster so you are stuck with the higher gas until enough fools buy you empty.
Oh by the way, Temp: 72 Gas: 2.52 Milk: ?

 

[MikePA]

Unless they raise and then lower the taxes four or five times a year I'd attribute these price fluctuations to some other type of chicanery.
John

chi‧can‧er‧y 
1. trickery or deception by quibbling or sophistry
2. a quibble or subterfuge used to trick, deceive, or evade.

MadReferee has posted multiple times how retailers actually set their prices but I like the chicanery explanation better.