poltr1: (Default)
poltr1 ([personal profile] poltr1) wrote2007-05-23 02:12 pm

$3.499?

Was driving home yesterday and noticed that nearly all the gas stations were selling their gas for $3.499/gallon. Except for the Swifty on Needmore Rd. which still had it for $3.099....and had a long line. My car has a 10-gallon tank (or thereabouts), so I would have saved $4 for an I-don't-know-how-long wait.

In the States, we have a holiday weekend coming up, so it's likely that the oil companies intentionally raised prices in order to take advantage of the holiday travelers. Gotta deliver those dividends to the stockholders, y'know?

But that's the job of a corporation: to make money.

BTW, the CEO of ExxonMobil isn't interested in alternative energy sources. (Read the interview with him in the 4/27/07 issue of Fortune magazine; it's the issue with this year's Fortune 500.)

[identity profile] zorya-thinks.livejournal.com 2007-05-23 06:31 pm (UTC)(link)
I was only down half a tank but after watching the jump over the last few days I didn't want to risk waiting until I was down a whole tank. :-/

I got it for $3.399 with my Kroger discount of 10 cents a gallon at the Brandt Pike Kroger. If I had waited and checked the BP down the street on my way home I could have saved an additional 10 cents a gallon. Oh well, I only put in 7 gallons.

My oldest is in a bad position right now because he is delivery driver who uses his own vehicle. Sure, it's an expense he can write off when he files his taxes but he's living hand to mouth right now. The extra cost is killer. :-(

[identity profile] dragon-pet.livejournal.com 2007-05-23 08:13 pm (UTC)(link)
*whips out her Bus Pass* Not driving pays in times like these... gah I saw it for $3.52 yesterday down by the Dayton Mall. It makes me ill how they are raping our pocketbooks so they can get theirs fat.

[identity profile] athenawindsong.livejournal.com 2007-05-23 10:21 pm (UTC)(link)
WHEEEEE!!!! I don't have to drive to Piqua/Greenville anymore!!!! :::goes out to hug her scooter and speak lovingly to her PT Cruiser:::

[identity profile] egoldberg.livejournal.com 2007-05-24 05:06 am (UTC)(link)
Or, an alternative hypothesis for consideration:

With a holiday weekend coming up, demand for gasoline accelerates, while supply remains static. As a result, each gallon of gasoline is more scarce and therefore more expensive!