| There are 33 comments on this blog. |
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The oil companies (not the station owner) decide how much to charge. They base it on the competition in the area. If the price was that high, it must be the only station around. Always gas up where there are 2-3 stations nearby (especially an ARCO, which charges less).
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They can charge what they want. It's called capitalism.
Get a Costco / Sams Club card like I did. It's worth it.
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Can't charge whatever they want in Houston. Sheriff Not Joe Arpaio would put you away.
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If people pay it, then more power to oil companies/gas stations. Us informed individuals would not pay that much.
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its ok.
The rise of the 'Lectric cars will make the gas prices continue to rise.
Enjoy your gas guzzler.
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Yep, I just wait for Grump to get back from Costco then siphon his tank.
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depends on what the next tank costs to supply the station
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Better get solar power on your roof too, as the increase in 'lectric vehicles will create more demand on the electrical grid, and therefore increase cost of power.
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Stations can set their own price.
Gouging is only gouging if there is an event that limits supply.
There is no law that relieves the consumer from thinking.
As an example, there was an ARCO station in the South Bay, right near the 405. Thier prices were always about .90-.95 higher than everyone else, but they had customers. They knew two things that let them do it for years.
1) Most driver don't pay for gallons of gas, they buy what they can get for a certain amount. The majority of drivers pay $20 or $40 bucks on pump #4 but they don't pay attention to how much gas they are getting.
2) Most people think they are keeping an eye on gas prices, but they really key in on the cents, not dollars in the price. When they see all the other stations in the area selling gas for $2.95 a gallon and they are selling for $3.85 a gallon people think they are buying cheaper gas. They think they are saving $.10 when in fact they are spending $.90 more.
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Its cool.
Ill get my Tesla roof with power wall to run my Tesla car.
Feedback loop!
Buy more Tesla stock and more people get Tesla roofs.
Tesla!
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That would be ideal Zeros.
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Saved by zero!
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Whether or not its gouging usually depends on whether you are buying or selling the item in question.
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Hocman, how's that law practice goin???
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Zeros let's do it in ur Tesla !
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^^^No, I think nuts were involved with that date...
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Tesla though
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I prefer malts to shakes
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My milkshake brings all the boys to the yard
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Yea lets get 2 dollar gas in CA so jillydaniels can drive his gas guzzling pig along with her buddies to go to 7-11 to get cigs and beer.
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i paid 3.17 for 91 in N. OC today, i was low key kinda happy lol
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I am sure it has to do with the floods in Texas.
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Tessa loses money on every car they sell. Good thing they don't sell all that many.
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Just wait till Gov. Gerry's bill adds $.14 a gal on gas and $.20 a gal for diesel in Nov.. Plus the registration fee increase. At least we'll be getting all our freeways and streets fixed up like new again. Jerry wouldn't be b.s' ing us now would he?
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Several refineries were shut down because of Hurricane Harvey. The shutdown refineries don't supply gasoline to California, because of the CARB fuel standards. However those closed refineries do normally supply gasoline to Arizona, New Mexico, Nevada, etc. California refineries have had to supply some of the gas to neighboring states, reducing the supply in California. Law of Supply and Demand is Econ 101.
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Where does Econ 101 say normal profits end and price gouging begin?
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$2.75 at Sams Club foo
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^^^In case it never crossed your (small) mind, you could buy it a Sam's and resell it in Downtown LA for maybe $3.00 - 3.50...just sayin, not giving legal advice.
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My shopping cart isn't that big, smarty pants.
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You got empty foty bottles??? Duhhh...small minds
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Dude, you have an amazing mind. Thanks you. I'm going to be a millionaire.
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Oh, and wash and dry the bottles before refillin. No one likes residual water and beer in their gas tank.
Don't forget us small people when you corner the LA gas market.
[I charge 1000FX/hr (500 FX minimum) for consulting.]
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You losers should all being driving Priuses or taking the bus anyway. If you can't afford the octane you can't afford the ride.
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| There are 33 comments on this blog. |
