gasoline ethics-
08-31-2005, 02:19 PM
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gasoline ethics-
this probably is not such a heated issue... but here is my gripe-
i posted this in HIIC... am i missing any key points? someone please give some insight-
aloha from the summit of *-^-Mauna Kea-^-*
Originally Posted by gdogg
someone with insight on the matter answer me this....
76 fills their tanks last week. last week gas prices were about 10 cents cheaper than they were yesterday.
yesterday they raised the premium from 3.00 to 3.05-
what logic is used in raising gas prices? since the gas they purchased last week obviously was cheaper than yesterday...
76 fills their tanks last week. last week gas prices were about 10 cents cheaper than they were yesterday.
yesterday they raised the premium from 3.00 to 3.05-
what logic is used in raising gas prices? since the gas they purchased last week obviously was cheaper than yesterday...
Originally Posted by gdogg
so if i go to work today... and jack up the price of my hondas by 1000 dollars based on "future increases" (keeping in mind that i actually paid less for them)is that considered okay? i guess my gripe was really a matter of ethics and not logic... since gas is somewhat of a neccesity for us-- i think we take for granted of business practices when it comes to gas--- but what ya gonna do? not much we can do-
aloha from the summit of *-^-Mauna Kea-^-*
08-31-2005, 02:38 PM
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Most stations turn their tanks in just a few days...at the latest.
And the logic in raising their prices is that you're gonna pay for it anyway.
And the logic in raising their prices is that you're gonna pay for it anyway.
08-31-2005, 10:51 PM
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Originally Posted by Oaf
.
And the logic in raising their prices is that you're gonna pay for it anyway.
And the logic in raising their prices is that you're gonna pay for it anyway.
-and i'm still a little baffled to the fact that most americans are laydowns when it comes to business ethics when it comes to gasoline.. maybe i'm looking at it wrong... i don't think so.
aloha from the summit of *-^-Mauna Kea-^-*
09-01-2005, 06:36 AM
#4
Gas Stations and oil companies keep track of their profits on an average price. It's stated in their accounting practices at the beginning of each fiscal year.
I'm not sure if Oaf is right or not in their turn around time for the tanks. Even if so. If you knew that the price of something was going up, wouldn't u want to be able to make some extra cash right now so that the burden of the increased price isn't as bad? If that's unclear, I can explain it more later. I have to get to class.
I'm not sure if Oaf is right or not in their turn around time for the tanks. Even if so. If you knew that the price of something was going up, wouldn't u want to be able to make some extra cash right now so that the burden of the increased price isn't as bad? If that's unclear, I can explain it more later. I have to get to class.
09-01-2005, 08:35 AM
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Originally Posted by jvick125
If you knew that the price of something was going up, wouldn't u want to be able to make some extra cash right now so that the burden of the increased price isn't as bad? If that's unclear, I can explain it more later. I have to get to class.
Sounds more like a boon than burden.
If I had to sum up the entire industry in one word, I'd use "greed."
09-01-2005, 02:48 PM
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Originally Posted by gdogg
i'd like to know how profitable it would be to invest in oil companies...
aloha from the summit of *-^-Mauna Kea-^-*
aloha from the summit of *-^-Mauna Kea-^-*
the answer is very profitable- that is if you can afford to buy into their stock plans.
09-01-2005, 07:34 PM
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I don't like paying all this money for gas but lets face it, we're spoiled. Compare our prices to europeans. And even with all this talk about crazy gas prices DEMAND for gas has increased. So we'll keep taking up the poop chute and like it because we arn't going to drive are cars any less 
09-02-2005, 08:38 AM
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Originally Posted by jdepould
prices also drop when the futures go down too though
So we should see the pump prices go down tomorrow right?
I'm not holding my breath for that one........
09-18-2005, 10:34 AM
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Originally Posted by jdepould
prices also drop when the futures go down too though
most stations I've seen are still over $3/gal for 91 oct, some as high as 3.25 or more still.....
09-18-2005, 10:57 AM
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Originally Posted by Miracle Worker
I don't like paying all this money for gas but lets face it, we're spoiled. Compare our prices to europeans. And even with all this talk about crazy gas prices DEMAND for gas has increased. So we'll keep taking up the poop chute and like it because we arn't going to drive are cars any less
That's BS. If you consider inflation and the cost of crude, and marry that with modern distribution, efficiencies of scale, and technology, there is NO FREAKING WAY gas should cost $3 per gallon.
This is one case where corporate greed is out in the open, too.
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