Gasoline Prices...again

Anonymous-0 · Mar 12, 2014

Topped off my tank in Corydon, IN yesterday for $3.36 a gallon. Corydon's 7-1/2 miles from my house. The 2 stations about a mile from the house are at $3.55...and the ones closer to Louisville KY are $3.57-$3.58 a gallon. Now, I know the gasoline that comes to Corydon has to travel further than the gas that travels to Louisville...so I'm scratching my head at why it's cheaper further from Louisville.

Can anyone explain that logic to me?

ray hofstetter · Mar 12, 2014

Topped off my truck this morning it was $3.54, came by the station this afternoon it was $3.79.....I can't explain it.

Ted in NE-OH · Mar 12, 2014

What was the competition? The more gas stations around and the closer to a freeway the cheaper it may be.

Anonymous-0 · Mar 12, 2014

3.59 this morning, 3.85 this afternoon. News at noon said crude was down...

Anonymous-0 · Mar 12, 2014

New Albany IN is surrounded by freeway exits...off I-64, I-65, and I-265. Yet they're the ones with the $3.57-$3.57 gas, and they're right across the river from Louisville. Marathon has a barge terminal just outside New Albany [Clarksville].

Corydon is 25 miles down I-64, and has only 1 exit. So I don't think it's the competition. The stations with MORE competition are higher...so I'm still seeking the logic in that.

onefarmer · Mar 12, 2014

$3.89 in DeWitt Mi today. I didn't get any.

WGM · Mar 12, 2014

You can thank Speedway for our weekly 20-50 cent spikes.

sms · Mar 12, 2014

Still not up to our normal prices here in NY. But NY taxes to the max.

buickanddeere · Mar 12, 2014

Not so bad , I was looking at the pump prices in Greece last week.

Diesel $6.93
Reg Gasoline $8.60
Premium Gasoline $ 9.78

Mark - IN. · Mar 12, 2014

I dunno. This past weekend by me, $4.27 for diesel, $3.95 for premium. I use both.

Mark

MT RON · Mar 12, 2014

I just love it when people compare our gas prices to Europe,maybe you ought to move to Greece so you can ride your bike every where,thats all they need over there anyway.

Dean · Mar 12, 2014

Hold off.

Crude has declined about $5.00/BBL lately. The pump price will follow after a delay.

Dean

huntingreen2day2 · Mar 12, 2014

Walmart 3.18 Clarksville Tn today.

Animal · Mar 12, 2014

I can explain it. We the American people are getting screwed to tears and have been since fuel went past a dollar...Anything sound familiar this winter when propane went nuts, as is the old line of Shortage.

Alan K · Mar 12, 2014

I remember years ago when gasoline took its first big jump. Im in Minnesota and we were told at the time it was because we were "land locked". Funny....we always were and it didn't seem to matter before....

john in la · Mar 12, 2014

A lot of things effect gasoline pump price. And the price they paid for it at the loading rack is well down the list.

The price to haul fuel a extra 25 miles is measure in the hundredth of a cent per gallon. So that has little to do with your pump price.

Just because Marathon has a rack some where means nothing. A station right across the street from it may not be able to buy gas there because brands come into play. Not every rack carries every brands additive and Marathon is more of a no brand gas seller rather than a branded gas seller.

Competition is a real price determiner. A station across the street could be selling gas for two cents more than you paid for it but you will price your gas to compete. Branded gas gets a little le-way as some people will only buy XX branded gas.

Another price driver is being out in the country with no traffic. Price your gas a few cents less and now you got people exiting off to buy gas at your station even though they have no other reason to exit there.

And the list goes on and on................

Anonymous-0 · Mar 12, 2014

You missed the point, Mr. Obvious.

I wasn't so much complaining about the price; I was wondering what justified the difference, since the transporters have to drive FURTHER to deliver gasoline to Corydon than to the Louisville metro area.

Since we're not in Greece, Greek prices are not germain to the discussion of why there is a price difference in the localities I mentioned.

I'd thank you for your two loonies' worth, but I think that greatly overvalues your contributions to the thread...by about three loonies.

Anonymous-0 · Mar 12, 2014

Amen.

I'm sure they need more people in Europe who are experts on every subject under the sun, and are never wrong about anything.

Old weldor · Mar 12, 2014

$3.33 at Casey's gen.store in central Iowa today.

LAA · Mar 12, 2014

I cannot explain the everyday ins and outs of the gas prices but I can tell you this, our federal government is against affordable fuel, period, there are no voters to sucker if fuel prices are at parity with potential production.

wilamayb · Mar 12, 2014

Is the outlandish European fuel tax supposed to make us feel better?

I say lets compare to Saudi Arabia where gas costs around $1 per gallon.

If we are going to compare apples to oranges then lets at least do it in our favor.

jennifer408 · Mar 12, 2014

when i first started driving in 1974 gas was .35 per gal.

ss55 · Mar 12, 2014

I see the same thing. Gas is usually 5 to 15 cents lower in several nearby rural cities compared to the Twin Cities metro area an hour away. Yet, the metro areas are closer to the pipelines and to river barge traffic. However there is also a consistent a 10 cents a gallon difference between stations within one of those rural cities. I don't know the reason unless it is what the markets will accept.

Dan T in MO · Mar 12, 2014

It has to do with what the local market will support. I live near Eldon-a former railroad town with an economy based on agriculture and Wal-Mart #44. Down the road about 10 miles is Osage Beach where the economy is based summer tourism. Who has cheaper gas depends on the season.

VADAVE · Mar 13, 2014

Because the cost of making gasoline and shipping to the distribution site has very little to do with the price that is asked.
If it did we we would be paying no more then 2.50.

Traditional Farmer · Mar 13, 2014

DUH! All businesses charge as much as they can for their product as they well should.Thats the way capitalism works and the consumer is free to buy products where ever they choose and to buy or not to buy.Thats the system for every product and fuel is no different.

hd6gtom · Mar 13, 2014

I spent 15 years in the industry, some of the people I hired or caused to be hired are still in the industry. Most have worked their way high up in the different companies they work for. We get together every 4th of July and talk over old times and new times. Last 4th we got to talking about the price of gas at the pump. All of them said their companies would make millions at 2.00 per. At 3.00 per they are laughing all the way to the bank. I know there are those of you who will scoff at this and try to give reasons why this is not true. I'm getting the info straight from the horses mouth, I've known most of these fellows for 40+ years and they would have no reason to tell me something that was not true.

DaninKansas · Mar 13, 2014

And who has the money to buy that fuel?

Alan K · Mar 13, 2014

Price is one thing but quality and miles per gallon is another. I have 2 Ford Tauruses that usually got 30mpg and 33mpg. In the winter I would usually get about 2 or 3 mpg less. Just last week, both cars are down to 22-23 mpg now. If the oil companies can make poor gas and charge the same amount or a little more...who comes out ahead? Its like adding water or corn syrup to some products as a filler lol.

casenut1 · Mar 13, 2014

This week in central Ohio. Tuesday price is 3.49 , Get to Wednesday and it is 3.75 . Figure that one out.

Jimmie D. Phelps · Mar 13, 2014

My son drives a gas transport. He fills stations within 5 mi from the refinery. At times they have him drive 278 mi oneway to another refinery to pick up gas. and than service the same stations that sell at the price they did when he picked it up close. REASON --The company could buy gas from the far away refinery for a penny less per gal.

2 Old 2 care · Mar 13, 2014

So how often do you drive to Grease?

Traditional Farmer · Mar 13, 2014

They raised the price.26 I might not be Elberto
Weinstein but I got a calculator!

mkirsch · Mar 13, 2014

The price of fuel has little to do with the price of oil and everything to do with the price of gasoline and diesel on the futures market.

The oil market can be down, but the gasoline futures market can be way way up.

The futures market spiked in late February from what I can see, including fuel for March delivery. That's what's being delivered to pumps now.

wisbaker · Mar 13, 2014

Minnesota is land locked???? What idiot made that up?? Ever heard of Lake Superior? IIRC the busiest port on Lake Superior is Duluth/Superior. DUH!!! By the way gas in Superior Wisconsin used to be almost $.20 cheaper than Green Bay (also a port city) seems there is a refinery in the Duluth/Superior area. Then there s the whole Mississippi river thing, Minneapolis/St Paul got as big as it is and became a hub for flour and cereal grains do to access to the Mississippi River, a cheap way to move grain in and out. Or to put it another way it's where the prairie meets the water. Might be the folks in St Paul didn't want to explain the Minnesota gas is expensive because of TAXES. Minnesota-land of 10,000 taxes. And yet we re-elect the folks running these states, who are the real idiots?

Gasoline Prices...again

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