Gas for $1.99 a gallon around here.

Discussion in 'General' started by eggfooyoung, Oct 27, 2008.

  1. auminer

    auminer Renaissance Redneck

    I get the state-to-state tax differences.

    What's got me head scratching is that gas is ~75 cents more per gallon right in the big hairy middle of the Permian Basin, within 50 miles of the Alon refinery than it is here in DFW.

    Same state.
    Ostensibly far more supply there.
    Ostensibly far shorter transportation.
    Ostensibly less demand.

    Makes no sense. What's the factor(s) I'm missing?
     
  2. Razr

    Razr Well-Known Member

    Greed....because they can.
     
    BSA43 likes this.
  3. auminer

    auminer Renaissance Redneck

    That would require every gas station in town to conspire and prop up the price. If even one undercuts the rest, they'll all have to drop to match. One of them will surely undercut the original undercutter, only to be underundercut by someone else.

    Eventually, everyone will price as competitively as profitably possible.

    TL/DR : free market
     
    Razr likes this.
  4. Razr

    Razr Well-Known Member

    I think it starts way up the line than the gas station, they don't make much, at least around here.
     
  5. backcountryme

    backcountryme Word to your mother.

    Point of comparison, gas is $4.20 Cad ($3.15 USD) her in Ontario right now.
     
  6. Dave K

    Dave K DaveK ├╝ber alles!

    Filled up for $ 1.80 a gallon this morning. Yeah, rewards point took $ .70 off but still, $ 1.80, baby!
     
  7. auminer

    auminer Renaissance Redneck

    NE DFW just now...

    No points involved.


    [​IMG]
     
  8. eggfooyoung

    eggfooyoung You no eat more!

    We popped up to $2.45 a week or two ago, now down to $2.11 today, for reg 87.
     
  9. Banditracer

    Banditracer Dogs - because people suck

    Just heard crude is under $50 / barrel. :)
     
  10. $2.10 in NeGa. Last week was under 2 in SC.
     

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