Have minimum gas prices always been set by the State?

[Coors]

Re: Have minimum gas prices always been set by the State?

If Haut and his buddies would let BIG OIL(sorry, I know that sets the libs off) build more refineries, the price would come down. Period.

 

[Haut Medoc]

Re: Have minimum gas prices always been set by the State?

But they wouldn't!.....
It would decrease profits by restoring fair competition.......​

 

[burroak]

Re: Have minimum gas prices always been set by the State?

If you don't like what I say, then don't read it!.......
I'm not denying that there are real costs incurred in the production of gas in the US......
But, USAOT is insuring that their profit margin stays way up there by manipulating supply, when there is no shortage of raw material.....​

Precisely. I was too subtle, apparently. I won't read more of your rantings. You have rendered yourself irrelevant by you incessant socialist droning. At this point you are a bagpipe played poorly. Therefore I will take your advice and that of my Grandfather: Get out of the presence of fools as soon as you can.

 

[rolmops]

Re: Have minimum gas prices always been set by the State?

Funny that this thread comes up right after I read this article.

Forced Price Increase

I think that this is a Wisconsin state law,not a federal one.Wisconsin has the same type of laws concerning the sale of milk.

 

[Coors]

Re: Have minimum gas prices always been set by the State?

But they wouldn't!.....
It would decrease profits by restoring fair competition.......​

So let the refinery building begin; let's see if prices go down. And they will, because the back-log of tankers is gone. And let's cut out all this blended gas. If California has a problem with smog, let them handle it, not the rest of the country.

 

[demsvmejm]

Re: Have minimum gas prices always been set by the State?

Precisely. I was too subtle, apparently. I won't read more of your rantings. You have rendered yourself irrelevant by you incessant socialist droning. At this point you are a bagpipe played poorly. Therefore I will take your advice and that of my Grandfather: Get out of the presence of fools as soon as you can.

What the radical right turns to when they have no other defense! Name calling and belittling.

 

[Haut Medoc]

Re: Have minimum gas prices always been set by the State?

Awww.....
It's OK.....
Burroak-Back didn't mean nothin' by it......​

 

[demsvmejm]

Re: Have minimum gas prices always been set by the State?

If Haut and his buddies would let BIG OIL(sorry, I know that sets the libs off) build more refineries, the price would come down. Period.

Reminds me of a political cartoon I saw lately. And all too true,
The little motorist is at the pump, the BIG oil guy looms over him. The little guy asks why the price is so high. Big oil replies, "It's because of the lack of production capacity." The little guy says, "So build new refineries." To which big oil replies, "What, and cut into our massive profits?"

Profit is not a dirty word, but greed certainly is! And that is exactly what is going on with the energy industries. They've got it, we need it so they're going to rape us in the process.

RECORD OIL COMPANY PROFITS at the same time as RECORD FUEL PRICES. It does not take a mental giant to realize and understand the correlation. But for some reason the redumblican blind-followers can't seem to understand or accept that reality.

 

[rwise]

Re: Have minimum gas prices always been set by the State?

If you want to understand the pricing of a retail gallon of gasoline, start with the cost of a barrel of crude oil. No matter which brand you buy, they all pay or receive the same amount for that barrel of oil. No oil producer has the magic formula for processing and delivering its product for the price that you want to pay. What you want to pay is irrelevant; what it costs and a profit (I know, to some profit is a vulgarity; however, it funds our retirements, 401s, etc) sets the price on finished goods.

Since every producer starts at the same price per barrel of crude and has basically the same overhead, a two cent deferential seems logical. In Wisconsin, the retail station can not raise prices more than once in 24 hrs. There are some small nuance moves that can be tinkered with, but they don't have a significant effect on the price and they are not accumlative.

sorry this does not explain away the fact that every station in town goes up or down the same day the same amount, (usualy within an hour), the only thing that does is price fixing! The stations that are 2 cents below the others have sh!ty gas (little or no additives) and are dirty.