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#32
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On Thu, 16 Oct 2008 15:01:04 -0700, rw
wrote: wrote: On Thu, 16 Oct 2008 10:30:20 -0700, rw wrote: wrote: Oh, BTW, oil and gasoline are down, what, half from where they were just a few months ago... Great plan for reducing gasoline prices: Wreck the world economy to reduce demand. Hmm...lessee...demand has fallen roughly 1% while prices have fallen roughly 50%...again, supply and demand weren't the problem. HTH, R Wow! That "drill, baby, drill" policy worked faster than anyone expected! Oil prices are determined, in large part, by the futures market. Gee, look at the big brain on Stevie... The futures market are predicting dramatically decreased demand "The futures market" aren't sic predicting ****. Producers and agencies are predicting things, but... (because of an expectation of a prolonged global recession) and inventories are high. Hence, the drop in price. You don't have the slightest clue as to what you are babbling about. Demand forecasts are down for 1st quarter '09 to 3rd quarter '09, but something on the order of a .5 mb/d on a total global demand of more than this quarter - IOW, the demand is still expected to increase, just not as much as previously forecast the _increase_ in total demand is now forecast to grow about 1 mb/d to about 87.5 mb/d from about 86.5 mb/d today. And the demand when oil was under $10USD BBL -1999 - was only about 15% less than today (about 70 mb/d) and in 2002, when it was still under $20USD BBL, it was about 75 mb/d. BTW, you're an idiot. Yeah, keep telling yourself that, you silly-assed Hemmingwannabe... |
#33
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On Thu, 16 Oct 2008 13:53:19 -0700, "JT"
wrote: wrote in message .. . I have no idea. It would depend on a number of variables, including city and county taxes, blend requirements, distributor cost, ethanol percentage, etc., but yeah, it's possible for a legit price difference as you describe. OTOH, maybe the Spokane stations know they can charge more, so they do. FWIW, gasoline is one of the few things many in the US seem really indignant about anyone making a profit selling. I mean, we expect businesses to have a markup on items they sell, but not with gasoline it seems. HTH, R I have no issue with a business making money on fuel sales, why sell it if you are not (unless you are just trying to attract people to your store front)? If the Mom & Pop station is buying fuel for the same price as Safeway (which I find hard to believe since Safeway is selling way more fuel and is probably getting it a bit cheaper) it torques my shorts the Mom & Pop station is making a few pennies profit and Safeway is potentially gouging people making 20 - 25 cents a gallon profit. Man, I just don't enough about all that might be involved in your neck of the woods to offer more than general ideas, but one thing you might look to is the ethanol content and taxation of MnP vs. Safeway - are MnP and Safeway in equal tax districts/counties/cities/whatevers? It's frustrating, I put 30,000 miles a year on one of our vehicles a $1.00 a gallon increase is roughly $1000.00 more a yr. in travel expenses. A grand I would much rather spend on fishing equipment or fishing... Again, depending on the vehicle, it may well be cheaper per mile to pay 5% more per gallon to get under 10% ethanol vs. 15% ethanol, if there are choices in your area. TC, R JT |
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