Supply and demand, if you guys would use more of it the price would come down
Gas jumped 64 cents a gallon.... Total rip off!
- Thread starter ZZman
- Start date
How much is tax? Government needs to be paid. We subsidize roads and such through income and other taxes - so possibly ours is cheaper at the pump - but pay me now / pay me later?
Illinois finally dropped below $3 a gallon downstate, which is a miracle considering that we pay nearly 50 cents a gallon in state tax alone (86 cents a gallon in taxes total).
I filled up in Paris, IL over the weekend for $2.65 a gallon.
I filled up in Paris, IL over the weekend for $2.65 a gallon.
Graph the price of a couple local retailers vs the price of wholesale gas over the course of a couple months. You will see that there are local pricing games played.
This past Thursday, I filled the Accord up with regular unleaded gasoline at my local BJ's for $2.09/gal.
At that time, the price on the street was going to $2.99.
Saturday/Sunday, most everything had jumped to $3.19.
At 6 AM Today, I went by one of the stations that were $3.19, and it had returned to $2.99.
I just checked the same station at 10:56 AM, and it was down to $2.89.
The BJ that I filled up at on Thursday, as well as my closest Costco are at $2.44.
It's been a unusually wild pricing weekend.
At that time, the price on the street was going to $2.99.
Saturday/Sunday, most everything had jumped to $3.19.
At 6 AM Today, I went by one of the stations that were $3.19, and it had returned to $2.99.
I just checked the same station at 10:56 AM, and it was down to $2.89.
The BJ that I filled up at on Thursday, as well as my closest Costco are at $2.44.
It's been a unusually wild pricing weekend.
We pay plenty of taxes. Our federal plus provincial income tax is generally higher than in the US, we have a national sales tax (GST/HST), sales taxes in most provinces (PST), and there are taxes at the pump as well.
We produce more crude oil than we consume (and export the excess to the US and recently to China) but we have a sparse population, and a very big country with lots of roads.
Oil Refinery - A factory where huge amounts crude oil is heated to temperatures that cause it to separate out various hydrocarbon molecules acording to the chin lengths of the of those molecules, and unwanted chemicals such as Sulphur are removed.
Sounds like a safe process. Yea, what could possibly go wrong with that?
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^ That said, even though such processing plants have a normal history of problems. In todays world when factories go boom or up in flames, one has to keep in mind that there are foreign powers who would gladly support bad actors. Determining cause is not always possible with what remains afterwards.
However, if the tally of such occurrences over time exceeds the known history of similar lengths of time in a statistical significant amount, then one has to consider that new problems are at play here.
I dont know that we are there yet. And if we are, some who would be the first to figure it out may not want to shout it from the rooftops. However, if the tally over time becomes way beyond normal, it would not take a rocket scientist to figure it out.
Sounds like a safe process. Yea, what could possibly go wrong with that?
------‐-------‐-
^ That said, even though such processing plants have a normal history of problems. In todays world when factories go boom or up in flames, one has to keep in mind that there are foreign powers who would gladly support bad actors. Determining cause is not always possible with what remains afterwards.
However, if the tally of such occurrences over time exceeds the known history of similar lengths of time in a statistical significant amount, then one has to consider that new problems are at play here.
I dont know that we are there yet. And if we are, some who would be the first to figure it out may not want to shout it from the rooftops. However, if the tally over time becomes way beyond normal, it would not take a rocket scientist to figure it out.
It's our entitlement nature: "the belief that one is inherently deserving of privileges or special treatment".
It really chaps my rear end when it costs so much to fill my 3/4 ton, four wheel drive commuter pickup.
Electricity price is fixed
for homeowners charing their EVs.Gasoline prices always subject to daily market conditions including geo-political and supply. Not sure the “rip off” happening.
60 cents jumps are not uncommon here
A whole bunch of you are commenting on the price per gallon and that's not what the OP is posting about. He/she is posting about the amount of the increase in a single shot.
“Fixed”, you say? Since 2020 it’s on a nearly fixed vertical trend…Electricity price is fixed
This is a pretty good video from Bloomberg yesterday with expectations of the oil markets to come:
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- Dec 7, 2022
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Gas prices are controlled by the distributor. Any gas station that buys fuel from them in a given area must all sell at the same price. This is why you can go five miles away and see gas for 20 cents cheaper. It's price fixing.
wemay
Site Donor 2023
$2.85 here.
4wd
$50 site donor 2026
Hopefully they have a detached garageElectricity price is fixed
4wd
$50 site donor 2026
Yeah - maybe that’s not the norm - posted our Exxon @ $2.59 has held for a while - and non top tier for $2.19 just 45 minutes away …
0.20 is the biggest jump I have seen
$2.60 here
Gas has always been cheap. At least in line with inflation.
It’s your local, state, federal taxes, which you vote for
https://www.gasbuddy.com/gasprices/south-carolina/little-river
Gas has always been cheap. At least in line with inflation.
It’s your local, state, federal taxes, which you vote for
https://www.gasbuddy.com/gasprices/south-carolina/little-river
The e free pump was definitely an antique
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