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One dollar and 88 cents

Trakternut

Active member
Got "way down" to $2.099, today, here. Aw, your catastrophe is coming in the form of OPEC cutting production. Seems they have to sell a few more barrels to make the payments on their Lexus'.
 

AndyM

Charter Member
$2.59 here...
$2.08 a half hour to the west, $2.89 a half hour to the east.

Why the variation?
 

Trakternut

Active member
I've heard the theory that there are "districts" in the petroleum market. They are not official, they just sorta happen. Within each of these districts, there will be found one "alpha" fuel dealer. He will own a distribution network to gas stations and bulk dealers that allows him to dictate the price. Should a smaller distributor in his district go against him by selling their product at a lower price, he will simply lower his prices further yet, effectively breaking the smaller dealer if he doesn't relent and get his prices back up in line with the "alpha" dealer.
It happens plainly where I live.
 

bczoom

Super Moderator
Staff member
GOLD Site Supporter
$2.08 a half hour to the west, $2.89 a half hour to the east.

Why the variation?
Is this true?
half hour to the west = Ohio
half hour to the east = Pennsylvania

If that's the case, it's taxes.
 
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