Gas shortages

[polo1665]

What's the WB?

Warner Bros.

 

[ning]

Don't forget it's also Labor Day weekend.

 

[/pine]

But there is a theory -- it's part of the Marxist theory of how capitalism works.

Steve

IMO economists are about as credible as astrologists...they will almost all tell you something different...

 

[smstonypoint]

Warner Bros.

Good point -- I didn't think of that as a possibility.

Steve

 

[polo1665]

Good point -- I didn't think of that as a possibility.

Steve

I think the possibility is getting more credible as the thread goes on.

 

[/pine]

LoL...Economists create theories, Warner Bros. make movies...I see the relationship...

 

[txdon]

Lots of shortages in central Texas. I passed eight filling station 7 were out of gas and one was charging $2.71 a gallon yesterday it was $2.49 the day before $2.09. Brother in Dallas found gas at Sam's club yesterday at $2.39 BIL in Houston Gas station was closed.

 

[rekees4300]

Whenever there's a crisis isn't it amazing how quickly gas prices go up and how slowly after the crisis they go down. Smell a rat?

 

[polo1665]

LoL...Economists create theories, Warner Bros. make movies...I see the relationship...

Not exactly what I was thinking, but hey, whatever floats yer boat.......as they say.

 

[jk96]

We owned a convenience store for about 10 years. We were always the bad guy. Holding prices high even though the load in our tanks came in at a cheaper price. Raising prices just because our competitor raised his, not because our cost increased, etc. To be honest we were lucky to break even on fuel sales. Any money made was on inside sales. On average our margin was typically 5-6 cents a gallon. At that time gas averaged around $3.50. At 2.2% credit card fee we lost .02 cents for every gallon of gas we sold. On the rare instance that we were selling a cheaper load of fuel at the same price because our competition had not lowered prices yet we didn't feel guilty about it, we were just happy we weren't loosing money for a change.