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Location: northern Vermont - previously NM, WA, & MA
10,758 posts, read 23,861,094 times
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Filled up at $3.62 a gallon in Waltham, MA on Friday. West Coast always has astronomical gas prices. Though another 30-40 cent hike and we'll be at summer 2008 gas prices right before the stock market crash.
This is crazy you know dag on well they are playing this game with us like always. Definitely not based on economics but greedy @#$ @#$#@$@#. Soon Ill only be able to drive in neutral.
Filled up at $3.62 a gallon in Waltham, MA on Friday. West Coast always has astronomical gas prices. Though another 30-40 cent hike and we'll be at summer 2008 gas prices right before the stock market crash.
Regarding west coast prices, from what I understand the fire that partially shut down a refinery here in Washington State is part of the reason we are seeing prices skyrocket so quickly in this area. Something like 25% of our supply comes from that refinery, they are not sure when it'll be back up and running at 100%. So gas has been going up 10 or 15 cents at a time- most stations around the Seattle area are now right around $4.00, with a station by my house having just gone up to $4.15 today.
As far as the rising trend nationally, though, it does seem like greedy bs- there is no overall drop in supply, it's just greedy investors driving up prices again to make a few quick bucks at our expense.
And you might have a better understanding. We cannot continue to print money that isn't backed by anything of value, or else we will continue to see the price of not just gasoline, but everything else for that matter, continue to rise.
I have contended that gasoline gets the attention because the prices are published in large numbers, in public places every day. Supermarkets, in contrast, do not reveal the rising price of a gallon of milk, or any other food commodity sold in their stores. If this were the case, the prices of these items would also fall under more intense scrutiny.
I probably shouldn't mention this, but I filled up both (about 40 gals.) tanks on my truck today and paid just a little over $50. The gas station kid said that his boss told him that due to a "glitch" all taxes are being subtracted instead of added to the fuel rate. They still have the $3.69 sign out because they don't want to draw attention from the government snoops. They get more than enough business from the locals where they're trying to keep things on the down low, flying under the radar...on the QT. I often leave my truck run all day when I'm at work so it's nice and warm when I get in at night.
I probably shouldn't mention this, but I filled up both (about 40 gals.) tanks on my truck today and paid just a little over $50. The gas station kid said that his boss told him that due to a "glitch" all taxes are being subtracted instead of added to the fuel rate. They still have the $3.69 sign out because they don't want to draw attention from the government snoops. They get more than enough business from the locals where they're trying to keep things on the down low, flying under the radar...on the QT. I often leave my truck run all day when I'm at work so it's nice and warm when I get in at night.
No matter what any economist say or expert says there's no difference as to why gas was $1.59 in 2003 and $4 in 2012. Its the same gas same cars, hell the demand is less. I thought economics said less demand lower price. I think most gas stations can do what they do at this station because they all have enough customers.
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