Gas prices - Price gouging??

Discussion in 'BS Forum' started by Cman68, Mar 8, 2022.

  1. Cman68

    Cman68 The Dark Admin, 2018 BEST Darksider Poster

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    Seems the Oil industry is taking advantage of the Ukrainian situation. They're raising prices astronomically without real cause as Russia isn't the sole provider of crude available to the US. Nobody is bringing up the price gouging but in turn, are trying to blame Biden as if he controls the price of crude oil. And before it comes up, the pipeline Biden stopped would be carrying crude for foreign sale, not American consumption.

    Big Oil has the perfect patsy. An unpopular POTUS to take the blame for their taking advantage of the situation.

    Post some pics of Prices in your areas.. We're at $4.45 here in Central PA for 87oct.
     
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  2. typeOnegative13NY

    typeOnegative13NY Well-Known Member

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    We’re at $3.99 for 87 here. Watched it Jump from the $3.60s to 3.99 in a few hours the other day.
     
  3. bicketybam

    bicketybam Well-Known Member

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    $4.23 in New Milford, CT. I've seen it as high as $4.39.
     
  4. dawinner127

    dawinner127 Well-Known Member

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    Paid $4.27 this morning.

    This shit is a killer. Spending $2k more/month now on my trucks for deliveries.
     
  5. SOXXX2

    SOXXX2 Well-Known Member

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    LMAO price gouging

    Please.......learn economics

    Are the food prices going up because of price gouging too?!?

    Was it Russia fault that gas was going up in price the past year long before any talks of war started too?? Price gouging.......what a complete joke.
     
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  6. HomeoftheJets

    HomeoftheJets Well-Known Member

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    Holy shit, for once I agree with you.

    To be clear, oil companies always try to maximize profits. That prices were lower before is due to factors that made it so higher prices would make them less profits. Those factors have changed, so they're raising prices now.
     
  7. Section 336

    Section 336 Well-Known Member

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    Coming fromsomeone that was once in the business.

    You have to understand when prices rise so quickly, for the small station owner
    It is not about what you paid for the gas in the ground.
    You need to be concerned for paying for the next tank load.
    A gas tanker is 12,000 gallons , a .50 cent increase since your last load would required an extra $6000 to pay for.
    Most service stations are making pennies on the gallon.
     
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  8. SOXXX2

    SOXXX2 Well-Known Member

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    Well I think we can agree on that and the economy turmoil.
     
  9. SOXXX2

    SOXXX2 Well-Known Member

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    Heres a hint Cman.......remember all that stimulus that was pushed into the economy back in 2020? Yeah.

    Everyone got $3000, yet im almost pretty sure 90% of peoples cost of living is up more than $3000 this year because of rent, gas, food prices, due to inflation.
     
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  10. typeOnegative13NY

    typeOnegative13NY Well-Known Member

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    so, is it true that a lot of stations purposely don’t put receipt paper in the pumps so you come in and buy blueberry squishies?
     
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  11. HomeoftheJets

    HomeoftheJets Well-Known Member

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    What Biden needs to do is convince the American people that higher gas prices are a worthwhile price to pay for maintaining the West's integrity on the world stage. Also immediately start working on ways to ensure that those most vulnerable to higher gas prices are helped by those less vulnerable (for instance, given that I can afford it, I'd be perfectly willing to pay the equivalent of several dollars a gallon so others are supported). And if the Republicans block this to convince the American people that the Republicans are unpatriotic. The Greatest Generation did this last century, we're capable of doing it again.
     
  12. SOXXX2

    SOXXX2 Well-Known Member

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    [​IMG]
     
  13. Section 336

    Section 336 Well-Known Member

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    Well the profit margin is probably 10x, so whatever works right.
     
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  14. HomeoftheJets

    HomeoftheJets Well-Known Member

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    I'm talking about gas prices and the potential for them to go significantly higher because of Russia, not general inflation levels. But yes, the Fed was reckless and probably corrupted too.
     
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  15. Section 336

    Section 336 Well-Known Member

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    True story.
    I was filling up this morning and was talking to the guy filling up on the other side.
    He tells me I guess I am not eating lunch this week, I need gas to get to work.

    $4.19 here in Raleigh NC
    $3.99 yesterday.
    $3.89 on Saturday.
     
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  16. DetroitRed

    DetroitRed Well-Known Member

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    No such thing as price gouging. Market sets the price.

    By the way, If you want to but my tattered converse for $100 , DM me
     
  17. typeOnegative13NY

    typeOnegative13NY Well-Known Member

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    Everything wears off, as will the people being willing to pay astronomical prices for the benefit of another country. It’s just the way it is, but the election chances will take a hit if they don’t get prices down.
     
  18. Cman68

    Cman68 The Dark Admin, 2018 BEST Darksider Poster

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    Please.. go to the f'n gas station and watch the price shoot up for no reason other than opportunity. This is nothing more than Oil companies taking advantage. You act like Putin is bombing the Saudi Oil fields. OPEC sets the price per barrel of oil they sell. How much crude do we import from Mother Russia?
     
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  19. REVISion

    REVISion Well-Known Member

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    Gas is legitimately $5.50+ per gallon where I am. Absolute insanity.

    Inflation+Russia instability combo.
     
  20. Cman68

    Cman68 The Dark Admin, 2018 BEST Darksider Poster

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    The Oil producing nations set the market price yes or no?
     

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