Gasoline costs

[jimh24444@gmail.com]

Noticed gas on all 466A gas stations was 10 cents / gal cheaper than on 466. why would that be? 466 stations not treating people in that area right.

[asianthree]

Because one can drive to whatever gas station makes them happy. Many who live in TV drive cars so little that .10 isn’t worth driving 5 miles.

I have been paying $3.77 or less for 2 weeks. Of course I am not in Florida

[retiredguy123]

Noticed gas on all 466A gas stations was 10 cents / gal cheaper than on 466. why would that be? 466 stations not treating people in that area right.
10 cents per gallon is not enough to draw any conclusions. That is only about 2 percent of the cost.

[Stu from NYC]

Have noticed differences between 466A and other parts of the area but percentage wise not a huge difference.

[Topspinmo]

Maybe different counties and different township which could affect tax rate?

[MartinSE]

Noticed gas on all 466A gas stations was 10 cents / gal cheaper than on 466. why would that be? 466 stations not treating people in that area right.

The pricing of company stores is based on two factors - local competition (local being driving patterns) keeping tank farms from filling up.

Unless it is a small independent station, most company stations do not set their own prices. Most company stations today are convenience stores.

I worked driving a cash register at a national convenience store way back when we had just reached $4/gal for the first time. The manager had a specific route he had to drive to the station each morning. It was to get the posted prices of our station's direct competition. He would then send those prices to corporate and they would message back the prices they wanted us to sell at. That happened at least once per day, sometimes more often.

Most corporate stations do not make any significant money on gasoline sales. We often sold gas at a loss. It was our loss leader so to speak. We made our money on cigarettes and beer sales. We were a "smaller" station/store in a medium to lower-class neighborhood - and we did about $30,000/day in sales on cigarettes and beer.

In meetings with the manager and corporate representatives (the manager wanted me to go into management - so, I attended his meetings. I did want to go into management, it was not a career path for me, but the meetings were better than standing behind the cash register.

At these meetings, it was explained that the price we charged was based on two factors - competition and not letting the tank farm fill up. The tank farms act as a buffer between the refineries and the stations. Consumers' buying varies greatly based on lots of things. The goal was to keep the refinery running as close to 100% capacity as possible since that was the most cost-effective and efficient level. If sales would fall off and the tank farm started filling up they would drop prices to get more sales, and not allow the tank farm to get full.

As the tank farms start filling up, they will start raising prices until the level stops rising.

Global price variations in crude typically do not have an immediate impact on station gas pricing, because more refineries have bulk purchase agreements at a fixed price. Things like pipeline outages, wells giving out, supply chain slowdowns, etc. typical are more of a long-term impact.

Short-term variations have little to no impact. They have entire departments working to make sure the supply line does not impact the refinery. The more volatile the supply chain is (pandemic and Ukraine war) the more difficult it is to stabilize their refineries and maintain 100% production levels. Anything other than 100% cost the refinery LOTS of money

[vintageogauge]

The posted pricing on 466A might be cash prices vs credit card and those on 466 might be posting credit card prices and not offering a discount for cash which would make them the bad guys for sure. On 301 the gas stations nearest to the turnpike exits are usually about 10 cents higher than the ones on 301 at 44. This has been going on forever, just a little more noticeable now that prices are so high.

[MrFlorida]

What's the difference ? They got us over a barrel ( pun intended)

[Michael G.]

One of the major reasons gas is going through the roof is consumption. The more we drive and consume, the higher the price.

Well guess what?

It's summer up north, vacation time, schools are out, RV's and boats are ready, people got vacation plans with budgeted money, National Parks need reservations to enter, so don't look for gas prices to fall anytime soon

[butlerperkins@gmail.com]

2022 0609 Thursday @ 11:58
Astonishingly, no one has actually posted the price of gas on this thread. I am out of town and have just been asked about gas prices in Florida. Anyone?

[Babubhat]

Gas Buddy.com

GasBuddy - Find The Nearest Gas Stations & Cheapest Prices | Save On Gas (https://www.gasbuddy.com/home?search=32163&fuel=1&maxAge=0&method=all)

[vintageogauge]

2022 0609 Thursday @ 11:58
Astonishingly, no one has actually posted the price of gas on this thread. I am out of town and have just been asked about gas prices in Florida. Anyone?

At 7:00 AM this morning $4.73 at 44 & 301.

[MartinSE]

///

[retiredguy123]

The posted pricing on 466A might be cash prices vs credit card and those on 466 might be posting credit card prices and not offering a discount for cash which would make them the bad guys for sure. On 301 the gas stations nearest to the turnpike exits are usually about 10 cents higher than the ones on 301 at 44. This has been going on forever, just a little more noticeable now that prices are so high.
I always use a credit card, and I have never noticed a price difference between the price on the pump and the price on the sign. Are there actually gas stations where you can get a discount by paying cash?

[Bill14564]

I always use a credit card, and I have never noticed a price difference between the price on the pump and the price on the sign. Are there actually gas stations where you can get a discount by paying cash?

Definitely, though the practice has not caught on as much in Florida.

I've seen stations towards Leesburg that had surprisingly low prices posted with small print underneath them. I haven't seen this within the Villages yet but it could be coming. Personally, I would avoid such a station on general principle.

[vintageogauge]

I always use a credit card, and I have never noticed a price difference between the price on the pump and the price on the sign. Are there actually gas stations where you can get a discount by paying cash?

Lots of them. The one I use is the southwest corner of 44 and 301.

[Stu from NYC]

I always use a credit card, and I have never noticed a price difference between the price on the pump and the price on the sign. Are there actually gas stations where you can get a discount by paying cash?

New Jersey for sure but kind of think some states between there and Florida do the same.

[Two Bills]

Definitely, though the practice has not caught on as much in Florida.

I've seen stations towards Leesburg that had surprisingly low prices posted with small print underneath them. I haven't seen this within the Villages yet but it could be coming. Personally, I would avoid such a station on general principle.

Why would it go against your principals paying less for your gas with cash?
I cannot see what is wrong, with a garage sharing their CC discount with a cash customer.

[Bill14564]

Why would it go against your principals paying less for your gas with cash?
I cannot see what is wrong, with a garage sharing their CC discount with a cash customer.

As a CC customer I don't want to have to wonder what price I am going to pay. If the price of gas is $4.73/gallon then that's what I want the pump to ring up; I don't want to see it switch to a CC price of $4.86/gallon. I *might* feel better about it if the sign clearly indicated the two prices but usually they do not.

I will drive across town to save $0.05/gallon but won't go through the hassle of walking into a store to pre-pay for gas then have to walk back in to get change.

There is a local food place that adds some percentage to CC sales. After trying to figure out why the food cost more than I expected it would I did find the notice on their menu. I don't know if I will be going back there.

I am a customer and I am able to pay for their product and I have the choice of where to spend my money. If a particular establishment is going to penalize me for using a CC then I will almost always choose to go where my business is more desired.

[vintageogauge]

I won't go in to pay with cash either. When I fill up I want it full, not going to guess how much that will be so it means going back in to get my change. Most of the cash discounts are 3% and my cards give me 2% back so the difference is only pennies even at today's prices.

[Two Bills]

As a CC customer I don't want to have to wonder what price I am going to pay. If the price of gas is $4.73/gallon then that's what I want the pump to ring up; I don't want to see it switch to a CC price of $4.86/gallon. I *might* feel better about it if the sign clearly indicated the two prices but usually they do not.

I will drive across town to save $0.05/gallon but won't go through the hassle of walking into a store to pre-pay for gas then have to walk back in to get change.

There is a local food place that adds some percentage to CC sales. After trying to figure out why the food cost more than I expected it would I did find the notice on their menu. I don't know if I will be going back there.

I am a customer and I am able to pay for their product and I have the choice of where to spend my money. If a particular establishment is going to penalize me for using a CC then I will almost always choose to go where my business is more desired.

Fair enough.
When I have seen the cash offers, the places gave the discount on the pump price, which was the CC price.
I only found out about a cash discount because most pumps would not let me use my UK based CC. at the pump.
I had to prepay anyway, that's how I found out about cash discount.
Very few filling stations had the offer though.
In UK we are still old fashioned, we can still pump gas, and pay after!

[Stu from NYC]

Fair enough.
When I have seen the cash offers, the places gave the discount on the pump price, which was the CC price.
I only found out about a cash discount because most pumps would not let me use my UK based CC. at the pump.
I had to prepay anyway, that's how I found out about cash discount.
Very few filling stations had the offer though.
In UK we are still old fashioned, we can still pump gas, and pay after!

The few people who will pump the gas and drive off without paying have spoiled it for the rest of us.

[Bogie Shooter]

I always use a credit card, and I have never noticed a price difference between the price on the pump and the price on the sign. Are there actually gas stations where you can get a discount by paying cash?

Take a ride on 466 at Souther Trace......they all have two prices!

[thevillages2013]

One of the major reasons gas is going through the roof is consumption. The more we drive and consume, the higher the price.

Well guess what?

It's summer up north, vacation time, schools are out, RV's and boats are ready, people got vacation plans with budgeted money, National Parks need reservations to enter, so don't look for gas prices to fall anytime soon

Please please tell me you don’t really think that is the reason for gas being $4.55/gal now as opposed to $2.25 two years ago. Ok so you say well we were in the midst of Covid ok well I will whisper this WHAT ABOUT 2019?

[DAVES]

As far as discount for CASH. A business is sort of forced to take credit cards. Not all people carry cash. It used to be practice to have a discount for CASH in retail stores.

The contract with the credit card companies says you cannot offer a cash discount.

The old line, it is a cash business implies you will not pay tax on some or all of the cash that comes in.

Mail order. Used to be people would order from another state and the tax not paid would more than cover the shipping costs on many items. This too is no longer as common as it used to be.

Far as gas, used to drive when I was working, far more than I do now. Today half a tank is over $50. Whatever you buy will reflect this new cost of fuel. Even companies that buy fuel on a contract will raise prices reflecting current cost, even if they are not paying that.

[DAVES]

Noticed gas on all 466A gas stations was 10 cents / gal cheaper than on 466. why would that be? 466 stations not treating people in that area right.

Gasoline pricing like most things is competitive. If, you have a station at say 3.00 and another at 3.10, my OPINION you OWE IT to consumers to be sure the station with the lower price does far more volume and so with a lower profit makes more. We all know people who say it is only a dollar, not worth my trouble.

Prices are researchable on line. It is so easy to plan your trips. Best way to save on gas is to drive less.

[Laker14]

One of the major reasons gas is going through the roof is consumption. The more we drive and consume, the higher the price.

Well guess what?

It's summer up north, vacation time, schools are out, RV's and boats are ready, people got vacation plans with budgeted money, National Parks need reservations to enter, so don't look for gas prices to fall anytime soon

And, the cheaper it is, the more we use.

[Topspinmo]

At 7:00 AM this morning $4.73 at 44 & 301.

At 4:05 pm $4.89 off cr42 in Marion county.

Reason

Crude Oil Prices Today | Brent and WTI Price Charts (https://www.dailyfx.com/crude-oil)

[Garywt]

I am up north, just paid 4.89 which totaled $143 to fill the tank. 2 weeks ago I filled the boat, $203 for that.

[Bill14564]

Fair enough.
When I have seen the cash offers, the places gave the discount on the pump price, which was the CC price.
I only found out about a cash discount because most pumps would not let me use my UK based CC. at the pump.
I had to prepay anyway, that's how I found out about cash discount.
Very few filling stations had the offer though.
In UK we are still old fashioned, we can still pump gas, and pay after!

A cash discount at the pump is an entirely different situation. I object to driving to a pump for one price and then being charged something higher. But driving to the pump for one price, being charged that price, but having an option to take a lower price if I choose is perfectly fine. I just object to being drawn to one price then charged something higher.

I wish we were still at the place where we could pay cash after.. I don't know that it would change my preferences but it would be nice to be able to be trusted again.

[Stu from NYC]

A cash discount at the pump is an entirely different situation. I object to driving to a pump for one price and then being charged something higher. But driving to the pump for one price, being charged that price, but having an option to take a lower price if I choose is perfectly fine. I just object to being drawn to one price then charged something higher.

I wish we were still at the place where we could pay cash after.. I don't know that it would change my preferences but it would be nice to be able to be trusted again.

Very true but if they did not trust to pay after when cost was say $ 30 to fill up not going to do it when the price is north of 60

[tophcfa]

Very true but if they did not trust to pay after when cost was say $ 30 to fill up not going to do it when the price is north of 60

North of $60, try north of $100! Filled up my pickup truck today along with two 5 gallon gas containers and it came to $158. Ouch! I still need to fill up two 5 gallon diesel containers for my tractor at $6.39 per gallon. Look no further than the price of diesel for the root cause of inflation, everything needs to be shipped with diesel burning engines, not to mention the fact that diesel powers almost all the farming equipment that produces our food. It makes no sense that diesel costs about $1.40 more per gallon than gas since diesel is much closer to raw crude and requires less refinement. The only reason I can come up with is taxes, which is a hidden tax on all American consumers, hurting the lowest income the hardest since we all have to eat.

[OrangeBlossomBaby]

North of $60, try north of $100! Filled up my pickup truck today along with two 5 gallon gas containers and it came to $158. Ouch! I still need to fill up two 5 gallon diesel containers for my tractor at $6.39 per gallon. Look no further than the price of diesel for the root cause of inflation, everything needs to be shipped with diesel burning engines, not to mention the fact that diesel powers almost all the farming equipment that produces our food. It makes no sense that diesel costs about $1.40 more per gallon than gas since diesel is much closer to raw crude and requires less refinement. The only reason I can come up with is taxes, which is a hidden tax on all American consumers, hurting the lowest income the hardest since we all have to eat.

If that's the only reason you can come up with, then you're not paying attention at all.

The reason the prices are so high, is because the oil companies have chosen to raise their prices. The taxes aren't any different than they were before the hikes. They're at the same percentage as usual. Some states have more taxes, but the taxes are charged as a percentage, not a dollar amount. 10% tax on $100 is going to be more than 10% tax on $50. You knew that though.

The oil companies have enjoyed record-breaking profits in the last year. For those who say oh it was only $5 billion - no, that's not true. It's $5 billion MORE THAN THE YEAR BEFORE. Not $5 billion total. If the year before last was $20 billion, this year it's $25 billion. In profits. Not revenue.

The stockholders are having a field day. The people at the pumps, not so much.

[tophcfa]

If that's the only reason you can come up with, then you're not paying attention at all.

The reason the prices are so high, is because the oil companies have chosen to raise their prices. The taxes aren't any different than they were before the hikes. They're at the same percentage as usual. Some states have more taxes, but the taxes are charged as a percentage, not a dollar amount. 10% tax on $100 is going to be more than 10% tax on $50. You knew that though.

The oil companies have enjoyed record-breaking profits in the last year. For those who say oh it was only $5 billion - no, that's not true. It's $5 billion MORE THAN THE YEAR BEFORE. Not $5 billion total. If the year before last was $20 billion, this year it's $25 billion. In profits. Not revenue.

The stockholders are having a field day. The people at the pumps, not so much.

??????? - The tax is per gallon!

[2001villager]

Definitely, though the practice has not caught on as much in Florida.

I've seen stations towards Leesburg that had surprisingly low prices posted with small print underneath them. I haven't seen this within the Villages yet but it could be coming. Personally, I would avoid such a station on general principle.

Credit card companies charge vendors 1.3-3.5% for processing the transaction. Of gas is $4, the charge is 5-15 cents per gallon. Charging less for cash is a win-win.

[Bay Kid]

North of $60, try north of $100! Filled up my pickup truck today along with two 5 gallon gas containers and it came to $158. Ouch! I still need to fill up two 5 gallon diesel containers for my tractor at $6.39 per gallon. Look no further than the price of diesel for the root cause of inflation, everything needs to be shipped with diesel burning engines, not to mention the fact that diesel powers almost all the farming equipment that produces our food. It makes no sense that diesel costs about $1.40 more per gallon than gas since diesel is much closer to raw crude and requires less refinement. The only reason I can come up with is taxes, which is a hidden tax on all American consumers, hurting the lowest income the hardest since we all have to eat.

I believe the feds charge more tax on diesel. State and feds make the most profit per gallon.

[mkjelenbaas]

Noticed gas on all 466A gas stations was 10 cents / gal cheaper than on 466. why would that be? 466 stations not treating people in that area right.
Charge what the traffic will bear!!

[Eg_cruz]

Noticed gas on all 466A gas stations was 10 cents / gal cheaper than on 466. why would that be? 466 stations not treating people in that area right.
Last week Sams Club was $4.38 and Racetrack and Waha were $4.75. Now Sams went up to $4.58 and other still the same. These stations are within 2 miles of each other in the same county.

[MrFlorida]

I always use a credit card, and I have never noticed a price difference between the price on the pump and the price on the sign. Are there actually gas stations where you can get a discount by paying cash?

Not so much a discount for cash, just a higher price for using credit.

[Eg_cruz]

I always use a credit card, and I have never noticed a price difference between the price on the pump and the price on the sign. Are there actually gas stations where you can get a discount by paying cash?
Yes

[OhioBuckeye]

10 cents per gallon is not enough to draw any conclusions. That is only about 2 percent of the cost.

$.010 isn’t really worth driving 5 miles to get maybe 20 gal. of gas, that’s only a savings of $2.00. Gas in the Dallas/Ft.Worth area is only $4.61 to 4.71. Hopefully these prices won’t last forever!

[asianthree]

How many TV’s fill their tank more than once a week? Unless u are still working like me, I am only filling once every 23 days. That is with 1/4 tank left.
Then again the day before I left TV, at 6am, I filled up at Sam’s. Only 5 cars total at pumps, 3 put in less than $10. Gas attendant, said it’s why they are so packed after 9am. Guessing mor than half only pump few gallons just to top off.

[PugMom]

I always use a credit card, and I have never noticed a price difference between the price on the pump and the price on the sign. Are there actually gas stations where you can get a discount by paying cash?

yes, Marathon used to, & SOME circle k's

[PugMom]

How many TV’s fill their tank more than once a week? Unless u are still working like me, I am only filling once every 23 days. That is with 1/4 tank left.
Then again the day before I left TV, at 6am, I filled up at Sam’s. Only 5 cars total at pumps, 3 put in less than $10. Gas attendant, said it’s why they are so packed after 9am. Guessing mor than half only pump few gallons just to top off.

i sometimes have to fill up 2x a week, depending on circumstances, but i always try to top it off asap. the car dr said it's best to keep a full tank to combat any condensation which may occur

[Tvflguy]

We use mid octane fuel. Fillip about ten days ago at Walmart was 4.77. Looked on gas buddy just now, it’s 4.93. Diesel is 5.50. Most say that reg gas will be $6.00 by late summer. And most “news” wants Jan 6th coverage to be top of mind. Inflation and consumer prices esp fuel is impacting the average American more than anything. But they want to focus elsewhere…. Open up America to full oil exploration!!!!

[Stu from NYC]

If that's the only reason you can come up with, then you're not paying attention at all.

The reason the prices are so high, is because the oil companies have chosen to raise their prices. The taxes aren't any different than they were before the hikes. They're at the same percentage as usual. Some states have more taxes, but the taxes are charged as a percentage, not a dollar amount. 10% tax on $100 is going to be more than 10% tax on $50. You knew that though.

The oil companies have enjoyed record-breaking profits in the last year. For those who say oh it was only $5 billion - no, that's not true. It's $5 billion MORE THAN THE YEAR BEFORE. Not $5 billion total. If the year before last was $20 billion, this year it's $25 billion. In profits. Not revenue.

The stockholders are having a field day. The people at the pumps, not so much.

One of these days you might want to read a book on basic economics to understand how capitalism and economics works.

[Two Bills]

Filled my car in UK today 5% Ethanol @ £9.20 imp. gallon. That's $11.40 Imp. gallon. That's about $9.46 for a US gallon.
Pretty much same price all over Europe.

Fuel duty is currently levied at a flat rate of £2.66 ($3.33) per gallon for both petrol (gas) and diesel, while VAT at 20% is then charged on both the product price and the duty.
We are screwed and counter sunk!:coolsmiley:

[JMintzer]

Filled my car in UK today 5% Ethanol @ £9.20 imp. gallon. That's $11.40 Imp. gallon. That's about $9.46 for a US gallon.
Pretty much same price all over Europe.

Fuel duty is currently levied at a flat rate of £2.66 ($3.33) per gallon for both petrol (gas) and diesel, while VAT at 20% is then charged on both the product price and the duty.
We are screwed and counter sunk!:coolsmiley:

Thanks for explaining (to those who do not know, and keep using the high prices in Europe as an excuse that our prices are too low) WHY prices are sooo high across the pond!

[Geodyssey]

Because one can drive to whatever gas station makes them happy. Many who live in TV drive cars so little that .10 isn’t worth driving 5 miles.

I have been paying $3.77 or less for 2 weeks. Of course I am not in Florida


People should be happy to pay $4, 5, even $6 per gallon in order to "stick it to Putin".

These sanctions & embargoes are working. For example, gas is now about $1.40 per gallon in Moscow.

[Geodyssey]

$.010 isn’t really worth driving 5 miles to get maybe 20 gal. of gas, that’s only a savings of $2.00. Gas in the Dallas/Ft.Worth area is only $4.61 to 4.71. Hopefully these prices won’t last forever!

Going to hit $10 before the end of the year.

Hope is not a strategy.

[Two Bills]

Thanks for explaining (to those who do not know, and keep using the high prices in Europe as an excuse that our prices are too low) WHY prices are sooo high across the pond!

Welcome back.
Go anywhere nice while on holiday?:icon_wink:

[jimjamuser]

Please please tell me you don’t really think that is the reason for gas being $4.55/gal now as opposed to $2.25 two years ago. Ok so you say well we were in the midst of Covid ok well I will whisper this WHAT ABOUT 2019?
Gas consumption (the DEMAND side) in the US is a factor that affects the price. But, in this case, the SUPPLY side is the BIGGER factor. The GLOBAL future RISK to OIL SUPPLY has risen sharply since the start of the Russian invasion of the Ukraine. This has driven the price of a barrel of oil up sharply. Oil is a GLOBAL commodity.
........If Putin was overthrown and a new Russian government that was westward thinking came in, the price of gas at our US pumps would drop.

[DaleDivine]

:ohdear::pray::ohdear::pray:

[Two Bills]

Gas consumption (the DEMAND side) in the US is a factor that affects the price. But, in this case, the SUPPLY side is the BIGGER factor. The GLOBAL future RISK to OIL SUPPLY has risen sharply since the start of the Russian invasion of the Ukraine. This has driven the price of a barrel of oil up sharply. Oil is a GLOBAL commodity.
........If Putin was overthrown and a new Russian came in, the price of gas at our US pumps would drop.

Wanna bet?

[MartinSE]

Wanna bet?

Yes, why it dropped would be debated, but markets do not like uncertainty, and at the moment there is a LOT of uncertainty. And Putin's nuclear sword rattling adds to it.

[Geodyssey]

...If Putin was overthrown and a new Russian came in, the price of gas at our US pumps would drop.

Like if gasoline elfs came and filled up our tanks every night.

Not happening.

Putin is popular, in small part because Russia is winning the war. The ukraine is falling fast. The blame game has begun.

[jimjamuser]

North of $60, try north of $100! Filled up my pickup truck today along with two 5 gallon gas containers and it came to $158. Ouch! I still need to fill up two 5 gallon diesel containers for my tractor at $6.39 per gallon. Look no further than the price of diesel for the root cause of inflation, everything needs to be shipped with diesel burning engines, not to mention the fact that diesel powers almost all the farming equipment that produces our food. It makes no sense that diesel costs about $1.40 more per gallon than gas since diesel is much closer to raw crude and requires less refinement. The only reason I can come up with is taxes, which is a hidden tax on all American consumers, hurting the lowest income the hardest since we all have to eat.
Is diesel the "root cause" of inflation.......Well.....diesel fuel comes from OIL........the cost of a barrel of oil depends on the GLOBAL market for oil............which depends on the SUPPLY of oil.............which depends on the WORLDWIDE RISK to that supply.........which has been triggered upward by the Russian invasion of the Ukraine. Producing INFLATION.
.........Another cause of inflation is that China is shipping less consumer goods because they locked down big population centers due to the mishandling of their Covid problem and vaccine. Therefore, producing INFLATION.

[jimjamuser]

$.010 isn’t really worth driving 5 miles to get maybe 20 gal. of gas, that’s only a savings of $2.00. Gas in the Dallas/Ft.Worth area is only $4.61 to 4.71. Hopefully these prices won’t last forever!
Recent expert prediction is a short-term slight drop and then staying relatively high.

[jimjamuser]

We use mid octane fuel. Fillip about ten days ago at Walmart was 4.77. Looked on gas buddy just now, it’s 4.93. Diesel is 5.50. Most say that reg gas will be $6.00 by late summer. And most “news” wants Jan 6th coverage to be top of mind. Inflation and consumer prices esp fuel is impacting the average American more than anything. But they want to focus elsewhere…. Open up America to full oil exploration!!!!
The oil companies know WHERE the oil is, so no need for "exploration". The oil companies can not just "snap their fingers" and start drilling MORE oil. They capped a lot of wells during the Pandemic - so they can only S L O W L Y increase drilling and pumping more oil. The Russian invasion has hurt the world's supply of oil. The US is looking to make deals with some other countries that are smaller suppliers of oil. Trying to keep the SUPPLY of oil high so that the price would tend to go lower.

[jimjamuser]

Yes, why it dropped would be debated, but markets do not like uncertainty, and at the moment there is a LOT of uncertainty. And Putin's nuclear sword rattling adds to it.
True!

[Keefelane66]

Just received email from BJ’s buy 5 qualifying items and receive $.85/gal off by June 15
LAST CHANCE TO
FUEL UP
85¢ OFF
PER GALLON OF GAS
when using your My BJ's Perks®
Mastercard® Credit Card

[jimjamuser]

Like if gasoline elfs came and filled up our tanks every night.

Not happening.

Putin is popular, in small part because Russia is winning the war. The ukraine is falling fast. The blame game has begun.
I have NOT heard that Russia is winning. They have lost a lot of soldiers and morale is low. Tyrants always claim that they are popular right up until they are overthrown.

[JMintzer]

Gas consumption (the DEMAND side) in the US is a factor that affects the price. But, in this case, the SUPPLY side is the BIGGER factor. The GLOBAL future RISK to OIL SUPPLY has risen sharply since the start of the Russian invasion of the Ukraine. This has driven the price of a barrel of oil up sharply. Oil is a GLOBAL commodity.
........If Putin was overthrown and a new Russian government that was westward thinking came in, the price of gas at our US pumps would drop.

Geee... If only there was some other reason we could identify that caused US supplies to become risky...

Hmmm... What possibly could it be...

[JMintzer]

Yes, why it dropped would be debated, but markets do not like uncertainty, and at the moment there is a LOT of uncertainty. And Putin's nuclear sword rattling adds to it.

Correct. Markets do not like uncertainty...

Good thing no one in the US created any uncertainty in the market...

[rogerk]

Top Tier versus non Top Tier gas? Most of the stations on 44 sell Top Tier gas. Go online to see the difference. It is real. On a long trip I get 1-2 mpg better mileage with Top-Tier.

[Geodyssey]

I do not know your source but from what I am reading is the Ukraine is doing a pretty good job preventing being taken over in full by Russia

You are reading western propaganda, lies.

Ukraine Deputy head of military intelligence says it’s an artillery war now and ‘everything depends on what the west gives us’

Ukraine’s deputy head of military intelligence has said Ukraine is losing against Russia on the frontlines and is now reliant almost solely on weapons from the west to keep Russia at bay.

“This is an artillery war now,” said Vadym Skibitsky, deputy head of Ukraine’s military intelligence. The frontlines were now where the future would be decided, he told the Guardian, “and we are losing in terms of artillery”.

“Everything now depends on what [the west] gives us,” said Skibitsky. “Ukraine has one artillery piece to 10 to 15 Russian artillery pieces. Our western partners have given us about 10% of what they have.”

Ukraine is using 5,000 to 6,000 artillery rounds a day, according to Skibitsky. “We have almost used up all of our [artillery] ammunition and are now using 155-calibre Nato standard shells,” he said of the ammunition that is fired from artillery pieces.

“Europe is also delivering lower-calibre shells but as Europe runs out, the amount is getting smaller.”

We’re almost out of ammunition and relying on western arms, says Ukraine | Ukraine | The Guardian (https://www.theguardian.com/world/2022/jun/10/were-almost-out-of-ammunition-and-relying-on-western-arms-says-ukraine)

[OrangeBlossomBaby]

??????? - The tax is per gallon!

You're right. I was wrong. The federal tax is 18.3 cents per gallon. It hasn't gone up. It's the same amount it has been since 1993.

The state gas tax is 43.5 cents per gallon, the 11th highest gas tax in the country.

There will be a "gas tax holiday" for the month of October, right in time for the election.

[Stu from NYC]

You're right. I was wrong. The federal tax is 18.3 cents per gallon. It hasn't gone up. It's the same amount it has been since 1993.

The state gas tax is 43.5 cents per gallon, the 11th highest gas tax in the country.

There will be a "gas tax holiday" for the month of October, right in time for the election.

Since the funds go for the upkeep of our roads not sure this is really a good idea especially have driving on some of them lately

[EdFNJ]

I always use a credit card, and I have never noticed a price difference between the price on the pump and the price on the sign. Are there actually gas stations where you can get a discount by paying cash? One station I have seen on 466 near Fieldcrest Way charges 10c less for CASH (or 10c more for credit depending on if you are a half full or half empty person).

[Two Bills]

The few people who will pump the gas and drive off without paying have spoiled it for the rest of us.

I think I spoke too soon yesterday, regarding pump then pay.
Today's BBC report states, fuel theft has risen 22% in last month from gas forecourts!
UK will will probably be prepay same as US soon!:ohdear:

[OrangeBlossomBaby]

Since the funds go for the upkeep of our roads not sure this is really a good idea especially have driving on some of them lately

I agree. But this is a political talking point, and as I said - it's set to become effective right before the election. Those who want to believe it's a good thing, will. Everyone else, will see it for what it is - posturing, which will ultimately cost more in the long run.

[jimjamuser]

Correct. Markets do not like uncertainty...

Good thing no one in the US created any uncertainty in the market...
The US does NOT control the GLOBAL oil price. The ONLY mistake that the US made is that the FED did NOT raise the interest rates SOON enough, which would have helped control inflation. And oil was RELEASED from the US reserve fund to TRY and moderate oil price increases.
..........The U S and Europe could NOT prevent the Russian aggression in the Ukraine! - Which has thrown extreme RISK into the GLOBAL markets and raised oil and gas prices and inflation in ALL the world's countries. All western countries and even Russia and China are economically messed up by Russia's CRUEL invasion. It's all out of the US's control.

[jimjamuser]

You are reading western propaganda, lies.

Ukraine Deputy head of military intelligence says it’s an artillery war now and ‘everything depends on what the west gives us’

Ukraine’s deputy head of military intelligence has said Ukraine is losing against Russia on the frontlines and is now reliant almost solely on weapons from the west to keep Russia at bay.

“This is an artillery war now,” said Vadym Skibitsky, deputy head of Ukraine’s military intelligence. The frontlines were now where the future would be decided, he told the Guardian, “and we are losing in terms of artillery”.

“Everything now depends on what [the west] gives us,” said Skibitsky. “Ukraine has one artillery piece to 10 to 15 Russian artillery pieces. Our western partners have given us about 10% of what they have.”

Ukraine is using 5,000 to 6,000 artillery rounds a day, according to Skibitsky. “We have almost used up all of our [artillery] ammunition and are now using 155-calibre Nato standard shells,” he said of the ammunition that is fired from artillery pieces.

“Europe is also delivering lower-calibre shells but as Europe runs out, the amount is getting smaller.”

We’re almost out of ammunition and relying on western arms, says Ukraine | Ukraine | The Guardian (https://www.theguardian.com/world/2022/jun/10/were-almost-out-of-ammunition-and-relying-on-western-arms-says-ukraine)
The US and the western free world are "ROOTING" for the Ukraine in this war because they are western leaning and interested more in freedom than dictatorship. Ukraine is our ally. Russia is our enemy.
........It could NOT be more black and white than that.
.........I can't even understand the point of defending Russia about anything. Russia poisoned people in London. Russia is the world's pariah. Russia is the EVIL EMPIRE. They need to change their leadership and try to become a member of the FREE world.

[MartinSE]

The US and the western free world are "ROOTING" for the Ukraine in this war because they are western leaning and interested more in freedom than dictatorship. Ukraine is our ally. Russia is our enemy.
........It could NOT be more black and white than that.
.........I can't even understand the point of defending Russia about anything. Russia poisoned people in London. Russia is the world's pariah. Russia is the EVIL EMPIRE. They need to change their leadership and try to become a member of the FREE world.

I agree with this post completely. Every time I read a post or hear common say anything positive about Russia or Putin, I have to pause and count to ten. Once upon a time American's argued with each other, but always presented a united front to our enemies.

Anything positive about Russia or Putin is just helping Putin. His greatest threat is that he loses his own peoples confidence. When he can show "even Americans" (especially one particular broadcaster) think I am great/good/brilliant/winning, it's a win for him and a loss for us an our Allies.

Not saying anyone should lie, but if you can't say anything that won't help him, maybe it would be best to not say anything.

[Geodyssey]

I agree with this post completely. Every time I read a post or hear common say anything positive about Russia or Putin, I have to pause and count to ten. Once upon a time American's argued with each other, but always presented a united front to our enemies.

Anything positive about Russia or Putin is just helping Putin. His greatest threat is that he loses his own peoples confidence. When he can show "even Americans" (especially one particular broadcaster) think I am great/good/brilliant/winning, it's a win for him and a loss for us an our Allies.

Not saying anyone should lie, but if you can't say anything that won't help him, maybe it would be best to not say anything.

And Russia is still winning the war.

Winning. The. War.

Russia supermarket tour as of last week. Just a man and a camera, not fake like NY Times articles. Check out the lack of shortages (like baby formula) and low, low prices:
https://www.youtube.com/watch?v=6bq8MfAlNPY

US gas to $10 by end of the year. Moscow gas $1.40 now and falling.

"Ukraine forces outgunned up to 40 to one by Russian forces, intelligence report reveals"
Intelligence report paints bleak picture of Ukraine frontline against Russia | The Independent (https://www.independent.co.uk/news/world/europe/ukraine-war-intelligence-russia-kyiv-military-b2096715.html)

The Zelensky regime in Ukraine is begging the 'west' for more guns and ammunition.

Ukraine's At Risk of Losing War With Russia: Military Official - Newsweek
Shortage of Artillery Ammunition Saps Ukrainian Frontline Morale - New York Times
We’re almost out of ammunition and relying on western arms, says Ukraine - Guardian
Ukraine is running out of ammunition as prospects dim on the battlefield - Washington Post

and many others ...

[Stu from NYC]

And Russia is still winning. US gas to $10 by end of the year. Moscow gas $1.40 now and falling.

Winning.

Russia supermarket tour as of last week. Just a man and a camera, not fake like NY Times articles. Check out the lack of shortages (like baby formula) and low, low prices:
https://www.youtube.com/watch?v=6bq8MfAlNPY

Are you a card carrying member of the communist party? Your posts make it seem so.

[Geodyssey]

Are you a card carrying member of the communist party? Your posts make it seem so.

No.

Do you realize that Russia is not communist? The USSR fell in 1991, 31 years ago. And with it, communism.

Sadly, US schools fail to teach this(?) Also "Communist Party" is capitalized, like "Republican Party". Basic stuff...

Russia is further "right" or "conservative" than the US. Not "woke", no multiple genders, NO drag queen story hour, etc. Trump was, maybe still is, very popular in Russia, more so than in the US.

For an update of how the war is going (aka reality), please watch this. Updated daily.
https://www.youtube.com/watch?v=PBc0JvkGmbw

Thank me later.

[Stu from NYC]

Johnny one tune strikes again...

You simply refuse to acknowledge that there was a significant price increase in 2021 (actually starting in December 2020), which was due to uncertainty in the market...

If only someone hadn't said that they wanted to shut down drilling on Federal Lands and off shore, and Stop Fracking...

But nah... That would NEVER cause the market to react in a negative way...

And that Strategic Reserve release? It was enough to supply the US for a few days. A LITERA drop in the bucket...It did absolutely NOTHING to lower prices. Nothing but theatre...

It all sounds good but fits the narrative of where they want to go

[MartinSE]

Looks like some are tired of this thread and want to have it closed.

[Chi-Town]

Quite a run of posts. Good to see the trio together again.

[Two Bills]

Quite a run of posts. Good to see the trio together again.

Not for long!

[Taltarzac725]

Gas Buddy.com

GasBuddy - Find The Nearest Gas Stations & Cheapest Prices | Save On Gas (https://www.gasbuddy.com/home?search=32163&fuel=1&maxAge=0&method=all)


Good someone mentioned GasBuddy.

[jimjamuser]

And Russia is still winning the war.

Winning. The. War.

Russia supermarket tour as of last week. Just a man and a camera, not fake like NY Times articles. Check out the lack of shortages (like baby formula) and low, low prices:
https://www.youtube.com/watch?v=6bq8MfAlNPY

US gas to $10 by end of the year. Moscow gas $1.40 now and falling.

"Ukraine forces outgunned up to 40 to one by Russian forces, intelligence report reveals"
Intelligence report paints bleak picture of Ukraine frontline against Russia | The Independent (https://www.independent.co.uk/news/world/europe/ukraine-war-intelligence-russia-kyiv-military-b2096715.html)

The Zelensky regime in Ukraine is begging the 'west' for more guns and ammunition.

Ukraine's At Risk of Losing War With Russia: Military Official - Newsweek
Shortage of Artillery Ammunition Saps Ukrainian Frontline Morale - New York Times
We’re almost out of ammunition and relying on western arms, says Ukraine - Guardian
Ukraine is running out of ammunition as prospects dim on the battlefield - Washington Post

and many others ...
That is just SAD! I am at a loss for words.
........Just thought of some. Part of the INFLATION here and worldwide is caused by Russia's bombing of Ukrainian wheat fields and oil fields. And Russia is preventing any Ukrainian wheat harvest from leaving the port of Odesa. So, look for the cost of bread and wheat products to increase at our local Publix - thanks to Putin and Putin sympathizers.

[jimjamuser]

No.

Do you realize that Russia is not communist? The USSR fell in 1991, 31 years ago. And with it, communism.

Sadly, US schools fail to teach this(?) Also "Communist Party" is capitalized, like "Republican Party". Basic stuff...

Russia is further "right" or "conservative" than the US. Not "woke", no multiple genders, NO drag queen story hour, etc. Trump was, maybe still is, very popular in Russia, more so than in the US.

For an update of how the war is going (aka reality), please watch this. Updated daily.
https://www.youtube.com/watch?v=PBc0JvkGmbw

Thank me later.
The 3rd paragraph is true. Russia IS further "right", but NOT conservative. The correct words would be
fascist Dictatorship.

[Calisport]

In California gas price listed near downtown LA was $8 - $9 on memorial day
No one voted for this.

[Two Bills]

In California gas price listed near downtown LA was $8 - $9 on memorial day
No one voted for this.

Even if God himself was elected, he would have had no control over gas prices, apart from Federal Tax.
Market and demand control the price.

[Stu from NYC]

Even if God himself was elected, he would have had no control over gas prices, apart from Federal Tax.
Market and demand control the price.

If we had been encouraging drilling and increased production it would have had an effect. Telling producers your time and product is very soon coming to an end does not encourage further investment.

[Stu from NYC]

All so true. Certain people promised to stop oil production in the US, then they reduced our Strategic Reserve for no good reason. It is like our enemy is in control.

We got what they promised and are paying for it thru the nose

[billethkid]

Think back to how many "actions" have been taken the last two years to curtail the USA moves toward energy independence.

Also investigate how much of the so called "shortage" products are still being exported FROM the USA.

If America is truly first there would be/should be steps taken to halt exporting of "Shortage" products whether it is baby formula or diesel fuel.

Turn the USA back in the direction of energy independence first.

Then and only then demand plans how to phase from fossil fuel dependence to alternate energy sources.

The solutions are simple. The implementation retarded by politics and special interest groups.

[MartinSE]

Think back to how many "actions" have been taken the last two years to curtail the USA moves toward energy independence.

Also investigate how much of the so called "shortage" products are still being exported FROM the USA.

If America is truly first there would be/should be steps taken to halt exporting of "Shortage" products whether it is baby formula or diesel fuel.

Turn the USA back in the direction of energy independence first.

Then and only then demand plans how to phase from fossil fuel dependence to alternate energy sources.

The solutions are simple. The implementation retarded by politics and special interest groups.

My google foo is seriously lacking. I could find NO indication of any amount of baby formula being shipped overseas.

The oil industry is a global industry and we are part of that. For the government to stop exports would be very much like a socialist country, dictating what and how a company does business.

[JMintzer]

My google foo is seriously lacking. I could find NO indication of any amount of baby formula being shipped overseas.

The oil industry is a global industry and we are part of that. For the government to stop exports would be very much like a socialist country, dictating what and how a company does business.

But making US production more difficult is just fine?

[Babubhat]

Shareholder returns are paramount. They finally got financial discipline. Love my oil stocks

[jimjamuser]

If we had been encouraging drilling and increased production it would have had an effect. Telling producers your time and product is very soon coming to an end does not encourage further investment.
No one, in particular, is telling oil producers that their TIME and product are coming to an end. They just KNOW it themselves! The oil executives are not stupid - they see the benefits of CLEAN energy. They know that a transition AWAY from oil is coming EVENTUALLY. It will happen SLOWLY and many will just come to think of themselves as energy providers. One day they will be managing SOLAR fields and storage batteries instead of oil fields.
.........This transition to clean energy will not happen overnight, but it seems inevitable that humans will engineer and design continuously more efficient and renewable energy. Oil is used in many commercial products and that may be a better purpose than just burning it up in an internal combustion engine and producing pollution and Global Warming. Also, there is just a limited quantity of oil in the ground - the earth does NOT produce new oil. Burning oil into the atmosphere today does not save it for future generations.
..........Anyway, our generation will not live to see the transition away from oil as energy completed.

[jimjamuser]

Even if God himself was elected, he would have had no control over gas prices, apart from Federal Tax.
Market and demand control the price.
True!

[jimjamuser]

All so true. Certain people promised to stop oil production in the US, then they reduced our Strategic Reserve for no good reason. It is like our enemy is in control.
Many feel otherwise!

[MartinSE]

No one, in particular, is telling oil producers that their TIME and product are coming to an end. They just KNOW it themselves! The oil executives are not stupid - they see the benefits of CLEAN energy. They know that a transition AWAY from oil is coming EVENTUALLY. It will happen SLOWLY and many will just come to think of themselves as energy providers. One day they will be managing SOLAR fields and storage batteries instead of oil fields.

Correct, that is just another version of "they are forcing me to buy electric cars". Well, sort of, if you consider giving you a 30 year heads up that EV is coming. Yes, it will take 30 years to replace the 300 million ICE vehicles on the streets. So, the end is coming, it is almost here, is just hyperbole.


.........This transition to clean energy will not happen overnight, ...

Pretty much an understatement. More than likely at least 30 years coming. I expect few of us posting in this thread will be around then so it becomes hard to see, "FORCING" as anything but hyperbole.

Oil is used in many commercial products and that may be a better purpose than just burning it up in an internal combustion engine and producing pollution and Global Warming. Also, there is just a limited quantity of oil in the ground - the earth does NOT produce new oil. Burning oil into the atmosphere today does not save it for future generations.

Wait, you are suggesting that we consider the future when consuming limited resources? That almost sounds conservative - ie. conservation of something that is good.

[jimjamuser]

We got what they promised and are paying for it thru the nose
WE and THEY - so much polarization. Everybody has to pick a side and then defame the other side. Is this REALITY or a DISTORTION caused by the HUGE media influencers like a relatively new TV channel and Facebook algorithms that send people away from the middle (in their opinions) toward both left and mainly right corners of the opinion world.
.........Every subject (like oil and gas) is looked at with frozen and unchangeable emotions. Facts don't matter. They can be slanted or turned upside down.
........Too much POLARIZATION can cause a thriving, modern nation to LOSE its democracy!

[jimjamuser]

My google foo is seriously lacking. I could find NO indication of any amount of baby formula being shipped overseas.

The oil industry is a global industry and we are part of that. For the government to stop exports would be very much like a socialist country, dictating what and how a company does business.
Agreed about BOTH baby formula and oil.

[MartinSE]

WE and THEY - so much polarization. Everybody has to pick a side and then defame the other side. Is this REALITY or a DISTORTION caused by the HUGE media influencers like a relatively new TV channel and Facebook algorithms that send people away from the middle (in their opinions) toward both left and mainly right corners of the opinion world.
.........Every subject (like oil and gas) is looked at with frozen and unchangeable emotions. Facts don't matter. They can be slanted or turned upside down.
........Too much POLARIZATION can cause a thriving, modern nation to LOSE its democracy!

Sadly, the hate has been coming (being promoted) for a LONG time, back to and before McCarthy. The current tsunami of hate and division is just being enabled by technology.

And I still ask, WHO profits if the US destroys itself with all this infighting? Russia and China? So many claim they are fighting for America, but the end will be China most likely taking over as the worlds economic super power. At least that is how it appears to me.

Imagine a football team where the linemen and backfield hated each other - how many games would they win

[Stu from NYC]

WE and THEY - so much polarization. Everybody has to pick a side and then defame the other side. Is this REALITY or a DISTORTION caused by the HUGE media influencers like a relatively new TV channel and Facebook algorithms that send people away from the middle (in their opinions) toward both left and mainly right corners of the opinion world.
.........Every subject (like oil and gas) is looked at with frozen and unchangeable emotions. Facts don't matter. They can be slanted or turned upside down.
........Too much POLARIZATION can cause a thriving, modern nation to LOSE its democracy!

The powers to be have strongly discouraged expanding petroleum program in the past 18 months. As a result supply has not been increasing fast enough to cover demand.

[MartinSE]

The powers to be have strongly discouraged expanding petroleum program in the past 18 months. As a result supply has not been increasing fast enough to cover demand.

In what ways have they "strongly discouraged" expanding supply?

[vintageogauge]

No one, in particular, is telling oil producers that their TIME and product are coming to an end. They just KNOW it themselves! The oil executives are not stupid - they see the benefits of CLEAN energy. They know that a transition AWAY from oil is coming EVENTUALLY. It will happen SLOWLY and many will just come to think of themselves as energy providers. One day they will be managing SOLAR fields and storage batteries instead of oil fields.
.........This transition to clean energy will not happen overnight, but it seems inevitable that humans will engineer and design continuously more efficient and renewable energy. Oil is used in many commercial products and that may be a better purpose than just burning it up in an internal combustion engine and producing pollution and Global Warming. Also, there is just a limited quantity of oil in the ground - the earth does NOT produce new oil. Burning oil into the atmosphere today does not save it for future generations.
..........Anyway, our generation will not live to see the transition away from oil as energy completed.

There is still a huge demand for coal around the world and none of us will see the day that the demand for oil has a significant drop, production will drop as it already has here but that will not be from lack of demand.

[Stu from NYC]

In what ways have they "strongly discouraged" expanding supply?

Telling the oil companies they are pushing the end of ice as fast as they can. Cancelling pipelines and leases.

Once again if you ran an oil company would you put your funds into expanding production when they keep telling you they want to reduce demand drastically.

[Haggar]

Price differences between cash purposes and credit card purposes are allowed by law in 39 states.

The credit cards purchases are run through the gas company and are actually used to pay for the gas the station buys with the overage going back to the vendor and shortages charged to their back account.

If this was illegal the gas companies would be allowing their stations to do it.

[Haggar]

That should be "the gas companies would NOT be allowing it.

[Babubhat]

Go to Walmart. Same price either way. Some credit card companies give nice rebates on gas