Gas Prices?

[avboiler11]

Why so you sell gas if you make no profit?

https://en.wikipedia.org/wiki/Loss_leader

 

[forgop]

3.17/gal down here in Pigeon Forge.

 

[SEIndSAM]

$4.25 in Indy, $3.66 in Henderson, KY at 5:00 today. Topped off the tank even though I didn't need but 1/4 tank.

 

[SMiller]

Everyone is aware that the US is sitting on more oil then it ever has before right?

We are so getting screwed in the butt!

 

[forgop]

Everyone is aware that the US is sitting on more oil then it ever has before right?

We are so getting screwed in the butt!

It's all because Bush is "in bed with big oil".

 

[longbow]

This is almost as funny as the parking meter disaster in Chicago! However, I don't feel bad for my Chicago friends.

 

[avboiler11]

All the oil in the world doesn't mean anything if it can't be refined.

Thank your local NIMBY for refining capacity constraints...

 

[mrjarrell]

It's all because Bush is "in bed with big oil".

So's Obama. There's been no change in who's really running things in DC. Politicians should all be required to wear their sponsors patches on their jackets.

 

[GodFearinGunTotin]

$4.25 in Indy, $3.66 in Henderson, KY at 5:00 today. Topped off the tank even though I didn't need but 1/4 tank.

Its gone down in Henderson since Sunday then...it was $3.75 when I came through.

Mostly around $3.86 in Bedford/Mitchell this pm. One Speedway station was at $4,.25 as i passed by.

 

[LANShark42]

Filled up at $3.749 in EVV yesterday. Still that today, according to GasBuddy.

 

[FootLoose.45]

got it for 3.99 yesterday and thought it was expensive. today on the way home from work i saw 4.25 in indy

 

[HICKMAN]

filled up for 3.49 in Jeffersonville yesterday and was mad that it was .50 more in Bedford when I got hom, lol.

 

[RugerRog]

They jumped twice this week to 3.99, and today 4.25. grrrr.

 

[forgop]

I also love how gas will go up $0.25-$0.30/gal and it takes a couple weeks to come down at pennies at a time. It's a complete sham.

 

[BIGKAT9]

I'll tell ya the price of gas really sucks but the 2 things that really get me is that prices rise 30 cents a pop but drop 1or 2 cents .And lying about why it rose

 

[GodFearinGunTotin]

Its gone down in Henderson since Sunday then...it was $3.75 when I came through.

Mostly around $3.86 in Bedford/Mitchell this pm. One Speedway station was at $4,.25 as i passed by.

Interestingly, that Speedway station that was at $4.25 yesterday is back down to $3.84 this am. I don't know if they were just testing the market or if they got orders from corporate and the other stations got something different from their corp. offices....

 

[terrehautian]

They got orders from the Corp. office! Terre Haute stations are all 4.19.

I find this interesting, Evansville area has no Speedway stations it seems. Gas prices are always about .30 to .50 cheaper. Right now, the Pilot in Haubstout is 3.79.

 

[LANShark42]

Most of the Newburgh stations jumped to $3.99 except for the Swifty. It's still at $3.74. Filled up my van and 2 5gal cans there this morning.

 

[IndyBeerman]

Why so you sell gas if you make no profit?

It's a loss-leader, it's there to suck you into the store to pay 2-3x as much for soda, candy, chips, etc.

Gas is not a loss leader.

I point to Swifty gas stations to that as a perfect example.
Swifty is in it to make money and they only thing they sell besides gas is cigarettes.

They don't sell enough cigarettes to pay for the over head on electric, property taxes, wages ect...

Now to the biggest reason for price spikes here in Indiana........

Speedway gas stations, they are the first to spike, and everybody follows like good little minions.

 

[GodFearinGunTotin]

Now to the biggest reason for price spikes here in Indiana........

Speedway gas stations, they are the first to spike, and everybody follows like good little minions.

I think you're right. It's funny, there's just one here at the intersection of US50 and IN37. And they'll, just out of the blue sometimes, spike their prices for a day--maybe. Most of the times the others will not follow and by the next day, they're back to the pack.