What determines gas station prices? A lot of things

When Jay Ricker, owner of the BP gas station off Interstate 70 in Plainfield, Ind., set the price of unleaded gasoline at $3.44 per gallon on Monday last week, it was 4 cents higher than the Friday before. Full Story
Not to Mention Gouging

Minneapolis, MN

#1 Mar 8, 2011
And I'm sorry, but when EVERY station in the state suddenly raises it's price 10-25cents per gallon overnight, to the EXACT SAME PRICE, you can't expect us to believe it was a coincidence.
Owl Gore

Minneapolis, MN

#2 Mar 8, 2011
Administration Blocking 103 Gulf Drilling Permits

As oil prices continue to climb, a backlog of more than 100 offshore drilling plans for the Gulf of Mexico are awaiting approval from the Obama administration, according to federal data.

The federal government has not approved a single new exploratory drilling plan in the Gulf of Mexico since lifting its deepwater drilling moratorium on Oct. 12. There are currently 103 plans awaiting review by the Bureau of Ocean Energy Management, Regulation and Enforcement.

The information reveals that the Obama administration — not the oil industry — is the culprit for the slowdown of drilling activity in the Gulf. The Gulf of Mexico accounts for more than 25 percent of domestic oil production.

“These new findings prove that BOEMRE cannot claim it isn’t receiving job-creating plans from oil exploration and production companies,” said Gregory Rusovich, chairman of the Business Council of Greater New Orleans and the River Region.“The plans are there. Until BOEMRE reviews the 103 plans awaiting approval, our economy’s stability remains in jeopardy.”

(Excerpt)

http://biggovernment.com/rbluey/2011/02/03/ob...





"U.S. Administration In Contempt Over Gulf Drilling Moratorium, Judge Rules."

http://www.bloomberg.com/news/2011-02-03/u-s-...
Gabe

Maple Grove, MN

#3 Mar 8, 2011
And to think, all along I thought it was George Bush's fault.
Neek

Minneapolis, MN

#4 Mar 8, 2011
Don't think you pay enough taxes?!?!?
Look at what the State is taxing gas?!?!?
Hmmm...they can't cut taxes...huh?
I think, gas might be a good place to start?!!?
What a rip off!!!!
Cut taxes...Cut spending...cut all foreign aid!!!!
MinnesOOOOOOOOOt a

Saint Paul, MN

#5 Mar 8, 2011
Imagine if we weren't dependent on foreign oil. Imagine if the USA came up with a fuel source that other countries needed badly.

Oh such a great world it would be. Instead we gotta give money to the nut jobs in the middle east.

Can we please offer 1 trillion dollars (tax free) to person-company who creates an alternative to oil that can be home grown??

“Celebrate Liberty and Freedom”

Since: Sep 09

Mpls

#6 Mar 8, 2011
MORON, we tried the trillion dollar prize for a new gadget. We are not dependent on foreign oil if we drill in the gulf and anwr......[QUOTE who="MinnesOO. OOOOOOOta "]Imagine if we weren't dependent on foreign oil. Imagine if the USA came up with a fuel source that other countries needed badly.
Oh such a great world it would be. Instead we gotta give money to the nut jobs in the middle east.
Can we please offer 1 trillion dollars (tax free) to person-company who creates an alternative to oil that can be home grown??[/QUOTE]
Sports Fan

Saint Paul, MN

#7 Mar 8, 2011
When the article said a gas station only makes a penny or two thats a lie. By state law the station has to make seven cents a gallon. But in reality they are making closer to forty cents a gallon so when the station owner pleads poverty dont believe them.
Neek

Minneapolis, MN

#8 Mar 8, 2011
MinnesOOOOOOOOOta wrote:
Imagine if we weren't dependent on foreign oil. Imagine if the USA came up with a fuel source that other countries needed badly.
Oh such a great world it would be. Instead we gotta give money to the nut jobs in the middle east.
Can we please offer 1 trillion dollars (tax free) to person-company who creates an alternative to oil that can be home grown??
I agree 100%...we should have been doing research and dumping billions into this for the last...50 years!!!
How about a contest?
Seriously, we have some of the most intelligent scientist on earth!
I'm a conservative (fyi)...we need to get out of the Middle East and put that money towards research of a "new energy" or advancement and improvement of existing fuels!!!
Internal combustion engine?!?!?!
Really...we're still using that after 100 yrs?!?!!?
Seriously...the US needs to step up!!!!!
We are wayyyyyyyyyy more intelligent than this!!!
We invent...then we sell!!!
I wish, we had a president that would have put that on the table?!!?!?(Bush and Obama are idiot/puppets!)
Maybe...someday?!?!
Wil Stegger

Saint Paul, MN

#9 Mar 8, 2011
Tank Murdoch wrote:
MORON, we tried the trillion dollar prize for a new gadget. We are not dependent on foreign oil if we drill in the gulf and anwr......<quoted text>
I am a environmentalist lefty but even I know its time to drill plus the free market will pay far greater $$$$ for new energy inventions then any contest the kiddies want to do
thissucks

Burnsville, MN

#10 Mar 8, 2011
As a country we don't learn. Back in the early 70s when there were shortages and the price of gas rose, people demanded more fuel efficient cars. Foreign car demands went through the roof and it spawned the birth of Chevy Vega's, Ford Pinto's and others. After awhile, when fuel was plentiful and the price went down we went right back to gas guzzlers; foolhardy to say the least.

We can drill in Alaska, cover the Gulf of Mexico with oil platforms and still it won't be enough. If you think it would have a drastic effect on the price at the pump you're kidding yourself. It'll never be enough until we change our consumption habits and use technology to it's utmost. Watcha gonna do when the well runs dry?
Neek

Minneapolis, MN

#11 Mar 8, 2011
Wil Stegger wrote:
<quoted text>
I am a environmentalist lefty but even I know its time to drill plus the free market will pay far greater $$$$ for new energy inventions then any contest the kiddies want to do
And...in the interim...drill more oil domestically.
Whatever it takes to get us away from Middle East oil dependence.
Just get us away from the Middle East...it's just a sink hole of corruption, no solutions and violence!
But...keep in mind the big picture...a "Cleaner/More efficient Energy Independence".
Gas station habitue

Saint Paul, MN

#12 Mar 8, 2011
For gas station owners who claim you barely break even on gas and that all the money is in the convenience store, here's a poser: why are you in the very high-overhead gas business to begin with? Why aren't you just running a (comparatively very low overhead) convenience store? Admit it, SportsFan is right, if you weren't making plenty of money selling gas, you'd be out of the gas business. The reason the convenience store is there is so you can PRETEND gas isn't paying.
Nostradumass

Maple Plain, MN

#13 Mar 8, 2011
MinnesOOOOOOOOOta wrote:
Imagine if we weren't dependent on foreign oil. Imagine if the USA came up with a fuel source that other countries needed badly.
Oh such a great world it would be. Instead we gotta give money to the nut jobs in the middle east.
Can we please offer 1 trillion dollars (tax free) to person-company who creates an alternative to oil that can be home grown??
Natural gas, Please send me my check
Rice St

Saint Paul, MN

#15 Mar 8, 2011
What Determines gas prices? Well last time the Pioneer De-Pressed told us it was because of Bush and his Big Oil Buddies...

Think Obama could be????
TtB

Saint Paul, MN

#16 Mar 8, 2011
thissucks wrote:
As a country we don't learn. Back in the early 70s when there were shortages and the price of gas rose, people demanded more fuel efficient cars. Foreign car demands went through the roof and it spawned the birth of Chevy Vega's, Ford Pinto's and others. After awhile, when fuel was plentiful and the price went down we went right back to gas guzzlers; foolhardy to say the least.
We can drill in Alaska, cover the Gulf of Mexico with oil platforms and still it won't be enough. If you think it would have a drastic effect on the price at the pump you're kidding yourself. It'll never be enough until we change our consumption habits and use technology to it's utmost. Watcha gonna do when the well runs dry?
Not sure, but I'll probably be dead...

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