A Secret About Fuel Prices

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Glennfs
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Re: A Secret About Fuel Prices

Post by Glennfs »

gounion wrote: Mon May 23, 2022 7:43 pm Please provide some actual proof.
You know the discounts I am getting. Are you denying I receive around 80 cents per gallon off the pump price.
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gounion
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Re: A Secret About Fuel Prices

Post by gounion »

Glennfs wrote: Mon May 23, 2022 7:45 pm You know the discounts I am getting. Are you denying I receive around 80 cents per gallon off the pump price.
That doesn't mean anything, in and of itself. Were your discounts always that high?
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Number6
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Re: A Secret About Fuel Prices

Post by Number6 »

gounion wrote: Mon May 23, 2022 7:18 pm I have a cousin who you are describing completely. He's ALWAYS been OBSESSED by gas mileage and price of gas. I mean, obsessed BAD. He's been that way since he became an adult in the the 70's.
There was a movie in 1972 called Pete N’ Tillie starring Carol Burnett and Walter Matthau. One of the funniest scenes is where Pete is adding gas to a neighbor’s car because the guy is always bragging about the great mileage he get. About a month later, Pete begins siphoning gas from the neighbor’s car making it appear he’s getting lousy mileage. That would be a good trick to play on your cousin.
But you know the ONE THING that he's never owed? An economy car. Always performance cars, SUVs and trucks. Now, I've never owned an economy car either, but then, I'm not obsessed.
I’ve owned 11 cars and only four of them were economy cars. Those were a ‘76 AMC Pacer, a ‘78 Corolla, an 80s something Pugeot, and my current 2007 Honda CR-V. The other cars ate gas compared to todays cars but I liked them because they most of them were large, roomy cars with large trunk space.

I’m not obsessed with mileage either but I do want a car with good mpg, has enough space to handle my bowling bags (four balls double stacked), and has enough power to keep up with traffic or climb hills. My CR-V handled the Cajon Pass while going 55 mph. Back in the late 70s and early 80s, I had to pick up speed about five miles from Cajon Pass and have the momentum to keep up with traffic. Even then, my speed ended up around 35 mph by the time I got to the top of the Pass. I’m glad I have a car, now, that can handle that Pass.
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Glennfs
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Re: A Secret About Fuel Prices

Post by Glennfs »

gounion wrote: Mon May 23, 2022 7:43 pm Please provide some actual proof.
So you don't remember 100 a barrel oil and the pump price at that time.
I suggest you do your own research as I know you are capable.
Aside from that I choose not to play your game.
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gounion
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Re: A Secret About Fuel Prices

Post by gounion »

Glennfs wrote: Mon May 23, 2022 7:57 pm So you don't remember 100 a barrel oil and the pump price at that time.
I suggest you do your own research as I know you are capable.
Aside from that I choose not to play your game.
In other words, you've got nothing.

Crude oil prices don't necessarily correlate to pump prices. That's oil that hasn't been refined yet.

And let's remember that crude oil prices don't mean anything to oil companies that pull their own oil out of the ground. The oil they are pulling out of the ground today and refining doesn't cost any more today than it did two years ago. And their windfall profits show that yes, they ARE gouging.
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Number6
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Re: A Secret About Fuel Prices

Post by Number6 »

Glennfs wrote: Mon May 23, 2022 7:45 pm You know the discounts I am getting. Are you denying I receive around 80 cents per gallon off the pump price.
glenn, you made the claim about how much discount you get so it’s up to you to provide the proof. The easiest way is to take a picture of the fuel receipt with the price and post it. You can black out any information such as name, address, or anything else that may reveal your true identity. That way, we can compare the price of diesel/gas in the area you purchased it and see if it matches what you claim.
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bengal59
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Re: A Secret About Fuel Prices

Post by bengal59 »

Glennfs wrote: Mon May 23, 2022 11:02 am nhi

The retailer you buy your gasoline from is not owned or operated or controlled by the oil companies
So if the retailer can give me an 80 cents per gallon discount the price gougIng is on the retail level.



I have been an accountant for years and I can tell you from first hand experience preparing statements for these stores that they make next-to-nothing on fuel sales. Their profit comes on most of their other merchandise sales.
Glennfs
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Re: A Secret About Fuel Prices

Post by Glennfs »

bengal59 wrote: Mon May 23, 2022 10:42 pm I have been an accountant for years and I can tell you from first hand experience preparing statements for these stores that they make next-to-nothing on fuel sales. Their profit comes on most of their other merchandise sales.
Then why is it they can offer 80 cents per gallon discounts
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Glennfs
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Re: A Secret About Fuel Prices

Post by Glennfs »

Number6 wrote: Mon May 23, 2022 9:45 pm glenn, you made the claim about how much discount you get so it’s up to you to provide the proof. The easiest way is to take a picture of the fuel receipt with the price and post it. You can black out any information such as name, address, or anything else that may reveal your true identity. That way, we can compare the price of diesel/gas in the area you purchased it and see if it matches what you claim.
My fuel receipts show the full pump price. We get our true price from our fuel app. Then it is represented as a rebate on our trip settlement.
Let me add this my fuel surcharge is separate from my fuel discount. The surcharge is charged directly to the customers and is based on the national average and changes every Tuesday sometimes Wednesday.
Many times my fuel surcharge is higher than my fuel costs. Thus far this month on 8231 miles my actual fuel cost has been $223.
Consumers are the ones getting it in the shorts. Everything is getting passed down the line,when it comes to major trucking companies.
Now the guy with just a few trucks is screwed. Once he goes under and the crisis ends there will be less competition and prices will remain high.
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Number6
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Re: A Secret About Fuel Prices

Post by Number6 »

Glennfs wrote: Tue May 24, 2022 11:31 am My fuel receipts show the full pump price. We get our true price from our fuel app. Then it is represented as a rebate on our trip settlement.
Let me add this my fuel surcharge is separate from my fuel discount. The surcharge is charged directly to the customers and is based on the national average and changes every Tuesday sometimes Wednesday.
Many times my fuel surcharge is higher than my fuel costs. Thus far this month on 8231 miles my actual fuel cost has been $223.
Consumers are the ones getting it in the shorts. Everything is getting passed down the line,when it comes to major trucking companies.
Now the guy with just a few trucks is screwed. Once he goes under and the crisis ends there will be less competition and prices will remain high.
I’m finding hard to believe you. Take a picture or a screen shot of your fuel app and post it.
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Glennfs
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Re: A Secret About Fuel Prices

Post by Glennfs »

Number6 wrote: Tue May 24, 2022 4:23 pm I’m finding hard to believe you. Take a picture or a screen shot of your fuel app and post it.
I don't know if you are game playing again or serious. Either way it doesn't matter I just thought some folks would be interested in some inside baseball.

My mistake
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Number6
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Re: A Secret About Fuel Prices

Post by Number6 »

Glennfs wrote: Tue May 24, 2022 6:47 pm I don't know if you are game playing again or serious. Either way it doesn't matter I just thought some folks would be interested in some inside baseball.

My mistake
glenn, you made a claim others, including myself, that sounds too real to believe. When asked to provide proof you rank away again. I said you could post your fuel receipt and you said the price was on the receipt is without the discount but the discount appears on your fuel app. I said you could take a picture of the fuel app or do a screen shot and post it and you ran away again falling on you default position of accusing me of game playing. You have admitted in the past you lie and it appears you’re doing it again. If I’m wrong then post the image from your fuel app.
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bengal59
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Re: A Secret About Fuel Prices

Post by bengal59 »

Glennfs wrote: Tue May 24, 2022 11:31 am My fuel receipts show the full pump price. We get our true price from our fuel app. Then it is represented as a rebate on our trip settlement.
Let me add this my fuel surcharge is separate from my fuel discount. The surcharge is charged directly to the customers and is based on the national average and changes every Tuesday sometimes Wednesday.
Many times my fuel surcharge is higher than my fuel costs. Thus far this month on 8231 miles my actual fuel cost has been $223.
Consumers are the ones getting it in the shorts. Everything is getting passed down the line,when it comes to major trucking companies.
Now the guy with just a few trucks is screwed. Once he goes under and the crisis ends there will be less competition and prices will remain high.




I bet your receipt did not show you how much the store PAID for the fuel! A receipt will rarely ever disclose this information. In order to see this you have to have access to the books of the store. I have many times as part of my job. So don't think you can tell me I don't know what I'm talking about!
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ZoWie
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Re: A Secret About Fuel Prices

Post by ZoWie »

Around here the wholesale price of gasoline is set by the company that operates the supply trucks and contracts with stations to fill their tanks. It's one price in major oil company stations and another one when the same companies produce another blend, possibly though not always minus one of the more heavily advertised additives, which they sell to off-brand independent stations.

In LA there used to be "gas wars." A station would lower its retail price a couple of cents, for whatever reason, then the one up the street would do same, until they were selling the stuff on a pretty tiny markup. Eventually they'd have bills to pay and raise the price again. They would take down the "Gas War!" signs and crank up the price.

Now the reverse seems to be the case. If a gas station bumps up its price to whatever the traffic will bear (often $7 a gallon recently), and still sells the stuff, others will follow suit.

My point is that the retailer has some leeway in setting their prices.

I can't say for diesel. Never drove one. Since big rigs (and motion picture transportation departments) often fill up at their company's pumps, they'd be going from a different market.
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Glennfs
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Re: A Secret About Fuel Prices

Post by Glennfs »

ZoWie wrote: Wed May 25, 2022 10:01 am Around here the wholesale price of gasoline is set by the company that operates the supply trucks and contracts with stations to fill their tanks. It's one price in major oil company stations and another one when the same companies produce another blend, possibly though not always minus one of the more heavily advertised additives, which they sell to off-brand independent stations.

In LA there used to be "gas wars." A station would lower its retail price a couple of cents, for whatever reason, then the one up the street would do same, until they were selling the stuff on a pretty tiny markup. Eventually they'd have bills to pay and raise the price again. They would take down the "Gas War!" signs and crank up the price.

Now the reverse seems to be the case. If a gas station bumps up its price to whatever the traffic will bear (often $7 a gallon recently), and still sells the stuff, others will follow suit.

My point is that the retailer has some leeway in setting their prices.

I can't say for diesel. Never drove one. Since big rigs (and motion picture transportation departments) often fill up at their company's pumps, they'd be going from a different market.
The large truck stop chains have private fleets.
Another thing they do is zone pricing even when the stores are near each other.
Last night there was a 12 cent difference between two stations

Same state, same interstate highway, same store chain .
Probably getting fuel from the same place.
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