Gasoline Prices

fuzzybuddy said:
The price of gas is supposedely a supply and demand equation. But I never understood why gas prices rise in summer. It is because we are driving a lot more in summer? This never made much sense to me. If I'm making flumsterns, and I get a profit of $10 for ever flumstern I sell, selling more of them would seem to be a good thing. Considering that gas producers have been doing so for a good century, now, they should be aware of the annual market adjustments, and can regulate their costs and projections so that summer price raises aren't an excuse for greed.
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Yes, there is more vacation travel in the summertime. Also "summer blend" fuel is more expensive to produce.
 
Don M. said:
We're hovering between $2.20 and $2.25 in central Missouri. I agree about this 1/10th of a cent nonsense....does anyone think they are saving anything with that price? Additionally, I think the government should begin to phase out the Penny....it costs almost 2.5 cents to make a penny.
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I agree. Canada has done it. Everything is rounded to the nearest nickel. In reality we could easily phase out the nickel too and round everything to the nearest dime. A dime is worth approximately what a penny was when I was a kid. We should also do like Canada has and do away with dollar bills and replace them with coins. The average dollar bill lasts about 18 months when in circulation. A coin will last an avergae of 30 years in circulation. If it where up to me I'd also go with $5 coins instead of bills.
 
It's been around $2.69, but our local supermarket has a deal with Shell that gives you discounts on gas, depending on how much you spent on food in the last month. Usually I get 10 cents or 20 cents off per gallon.
 
hollydolly said:
The forecourts here are actually the equivalent of over $7 dollars, Bea... ..and that's just for unleaded which I use . for super unleaded which my o/h uses it's £1.41 a litre... 4.56 litres in a British Gallon... Equivelent at current exchange rates to approx $7.80 USD per gallon...
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"Standin' on the turnpike, thumb out to hitchhike..." - The Mamas and the Papas, Creeque Alley

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