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It's ALWAYS Mobile. I never use them! Why pay almost $4 for regular when I can get gas for at least 50c less many times right across the street. I really don't understand why anyone would use them at all. Ridiculous.
I do find these differences in price strange. For years you could drive all over the island and gas everywhere would be within a few cents from the next guy. I wonder why this has changed.
Retail gasoline prices tend to be at a $0.75 to $1.25/gallon premium to the wholesale gasoline price as traded on the New York Mercantile Exchange, which would mean that a wholesale price of $2.50/gallon would indicate a retail price of $3.25 to $3.75/gallon, depending on where in the U.S. the retail pump might be located.
Don't know if Valero is doing something fishy, but paying cash will get you a 8-10 cents break per gallon.
If you pay cash, they pass along the savings from credit card swipe fees to the customer.
Quote:
Originally Posted by LongIslandCitizen
Has nothing to do with supply and demand.
It lies with the speculators.
I know you are probably an expert on this and put a lot of time and thought into that awesome post. But what do (WTI) Light Sweet Crude Oil Futures being in contango tell us about the supply & demand outlook and where prices may be headed? I didn't know it "lies with the speculators". Care to elaborate?
Here are some large companies that do not import Middle Eastern oil:
Sunoco.....................0 barrels
Conoco.. .................0 barrels
0ASinclair...................0 barrels
BP / Phillips........... 0 barrels
Hess........................0 barrels
ARC0........................0 barrels
Maverick...................0 barrels
Flying J...................0 barrels
Valero.......................0 barrels
Murphy Oil USA*.....0 barrels
Here are some large companies that do not import Middle Eastern oil:
Sunoco.....................0 barrels
Conoco.. .................0 barrels
0ASinclair...................0 barrels
BP / Phillips........... 0 barrels
Hess........................0 barrels
ARC0........................0 barrels
Maverick...................0 barrels
Flying J...................0 barrels
Valero.......................0 barrels
Murphy Oil USA*.....0 barrels
so whats the difference in price per gallon compared to foreign?
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