Comments on: Presenting $3.XX gasoline… http://www.thegasgame.com/2008/07/17/presenting-3xx-gasoline/ Keep track of gasoline prices, oil prices, future gasoline prices, future oil prices, see predictions, get price prediction, find gasoline prices, see if you're getting gouged, find news about diesel prices, ethanol prices, and refinery maintenance and refinery shutdowns. Tue, 07 Feb 2012 16:59:14 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Retailer http://www.thegasgame.com/2008/07/17/presenting-3xx-gasoline/comment-page-1/#comment-1538 Retailer Fri, 18 Jul 2008 14:52:42 +0000 http://www.thegasgame.com/2008/07/17/presenting-3xx-gasoline/#comment-1538 My cost for today (Friday) is about $3.67! But, like you said, you have to actually get it in the ground for it to count. Most stations take 3-5 days to sell through their inventory. It's kind of interesting that the stations that have no problem droping 1-2 cents every day when margins are at 5 cents, drag their feet when we are at 45 cents. Did they all of a sudden realize that they have to pay attention to their inventory cost? The bad news is that the market is up 6 cents so far today; because there are storms over the ocean that might become a tropical depression, and a tropical depression might turn into a tropical storm, and a tropical storm might turn into a hurricane, and a hurricane might cause a supply shortage. How can people argue that speculators don't affect prices? Regardless of what the market does tonight (unless it goes up 20+ cents), their should be a lot of sub $4 prices all over the state by Monday. My cost for today (Friday) is about $3.67! But, like you said, you have to actually get it in the ground for it to count. Most stations take 3-5 days to sell through their inventory.

It’s kind of interesting that the stations that have no problem droping 1-2 cents every day when margins are at 5 cents, drag their feet when we are at 45 cents. Did they all of a sudden realize that they have to pay attention to their inventory cost?

The bad news is that the market is up 6 cents so far today; because there are storms over the ocean that might become a tropical depression, and a tropical depression might turn into a tropical storm, and a tropical storm might turn into a hurricane, and a hurricane might cause a supply shortage. How can people argue that speculators don’t affect prices?

Regardless of what the market does tonight (unless it goes up 20+ cents), their should be a lot of sub $4 prices all over the state by Monday.

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