Originally Posted By: chief
Originally Posted By: Al
Whole prices still dropping...$2.54 as of 10 minutes ago. In Pa...that equates to about $3.19
Just curious Al, how are you able to find out wholesale prices. Would be nice to know.
I think he looks at futures markets.
My spot price as of 6:00 PM last night was $3.017500 for generic 87 AKI, that includes the trust fund tax, but excludes all other taxes, freight, etc. That does not necessarily mean they have any gas to sell me, but if they did, that is my wholesale price.
I don't get the best price, because I don't buy very much, and lately I only buy a few thousand gallons at a time - enough for a few days of sales and to keep the tanks from floating out of the ground when a big rain comes along. I've been expecting the price to collapse since June, so I want to minimize my loss on the way down by keeping inventory low. We're pretty close to it now since crude is in free fall, and eventually it will filter through to retail.