Wednesday, October 10, 2018

CAN ANYONE EXPLAIN TO ME WHAT GOES ON AT THE GAS PUMPS?








In a normal business you buy a product wholesale, figure the cost of expenses, set your profit margin and advertise your price.  

Gas pump prices can sometimes change hourly.   The buyer buys the gas, sets his profit margin and advertises his price; then that evening he raises it by two cents and the next day raises it by a ten-cents, and that evening drops it by six-cents…

What the fuck?

Gas is not like most products where you can pick a replacement or just do without.  We need gas to get to work, to get to the grocery store, to get to the hospital or doctors appointment, to have our fuel delivered, to receive protection from police and fire departments…

Fluctuating gas prices are not necessary.   The government could regulate supply and price if they wished too. 

It seems that the only bipartisan thing our Senate and Congress are capable of agreeing on, is supporting unregulated oil and gas companies.

I am not complaining about the cost of gas in the U.S as we are cheaper then many progressive countries.  But why not have a regulated price: set a reasonable price and leave it the fuck alone?

the Ol’Buzzard



4 comments:

  1. What goes on at the gas pumps? Collusion between the big oil companies, that's what.

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  2. I'd heard that pump gas prices are set by the futures market, the futures price goes up & the pump prices goes up...right now!
    Plus there are the games the oil companies play. I saw a piece along time ago, it was called "zone" pricing.

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  3. Ha!..Check out the prices we have in Wa. & Ore..The oil trains keep passing so close to cities and now ( you know who) has sent back the safety measures for oil train cars..
    I had to pay $4.20 for no corn in my gas premium fuel today...
    I'll be quiet now...
    ..

    ReplyDelete

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