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Fuel prices may moderate
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Percy
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First recorded activity by BoatBanter: Apr 2011
Posts: 94
Fuel prices may moderate
On Sun, 08 May 2011 15:57:44 -0400, John H
sent the following message
On Sun, 8 May 2011 10:53:05 -0400, BAR wrote:
In article
,
says...
In article ,
says...
NOYB wrote:
On 5/7/11 9:13 AM, Hairy Kraut wrote:
In ,
says...
I_am_Tosk wrote:
In ,
says...
On Fri, 06 May 2011 16:55:20 -0400,
wrote:
On Fri, 06 May 2011 12:12:00 -0700,
sent the
following message
On Fri, 06 May 2011 15:01:41 -0400,
wrote:
On Fri, 06 May 2011 11:44:40 -0700,
wrote:
On Fri, 06 May 2011 13:54:21 -0400,
wrote:
On Fri, 06 May 2011 10:09:12 -0700,
wrote:
On Fri, 06 May 2011 01:59:04 -0400,
wrote:
On Thu, 05 May 2011 22:05:27 -0700,
wrote:
Oil took a 10% dive today as speculators started
selling off
positions
out of fear the top price has been seen.
These speculators should have to pay a huge tax
on their
profits since
they're causing so many Americans to pay
inflated prices at
the pump
and causing inflation in every sector of retail.
NEW YORK -- Oil prices took a nosedive Thursday
in a historic
selloff,
erasing weeks of gains and indicating that the
months-long
climb in
energy prices may have hit a ceiling.
Crude oil plunged 10 percent as startled
investors unloaded
their
positions and a weeklong decline accelerated
into an outright
freefall. The price of U.S. crude went from
triple digits to
double
digits, falling below $100 after opening at
close to $110.
Brent
crude, a European benchmark, lost $12 at one
point in a
sell-off that
exceeded the one following Lehman Brothers'
collapse, Reuters
reported.
An oil correction is underway, experts said, as
the price is
moving
toward what fundamental economic factors dictate
it should
be. For the
American consumer, plagued by weeks of rising
energy prices
that have
begun to weigh heavily on the economy, a bit of
respite may
be at
hand.
You know the old adage, gas prices go up like a
rocket and
fall like a
feather
Yes, I also know the story about Chicken Littlle
Having nothing to do with what we are talking about.
It is a fact that gas prices go up with oil prices
but they lag
the
fall of oil prices by several weeks or even months.
If oil dropped to $60 tomorrow, gasoline might not
reflect that
for a
month or more.
Chicken Little was afraid of the sky falling. Right
wing nuts are
convinced the world is ending and rising oil prices
are
supposedly an
example. Totally appropriate comment.
`
The world isn't ending, but we are losing value in
the dollar and
that
shows up in oil or anything else we import. You can
live in denial
if
you like.
Yet the price of oil is dropping... I guess my denial
is working.
Let me know when you get the gas prices down to two
bucks. Thanks a
bunch
I can remember when we considered $2 gas to be
expensive. It was
only 10 or 11 years ago.
I paid $4.30 for gas today... I don't see anything coming
down, any
time
soon...
I paid $2.97 something for 23 gallons today. It really
must suck to be
you. That was at Shell, with a dollar a gallon discount
courtesy of
shopping at the supermarket.
Bull****. That's 10 cents a gallon discount. You are a
****ing liar of
you say you get a dollar a gallon off.
LOL, It is obvious that Harry Krause is losing it. You know
he didn't
want to make such a blatant mistake, but his mind is
slipping big time.
He read somewhere about a discount, but he couldn't remember
the amount,
so he guessed it was a $1 off
Talk about morons...jesus.
Gas is currently selling for about $3.89 to $3.97 a U.S.
gallon around here.
I paid $2.97 a gallon the other day. That's a dollar a gallon
discount.
Giant offers 10 cents off a gallon at Shell for each $100 you
spend at
the supermarket. Thus, if you spend $1000, you get a dollar a
gallon
discount.
You dumb****s can't even handle simple grade school math.
Bull****. They do the same here, and that's not the way it
works. You
never get more than a dime a gallon off. You are a ****ing liar.
Here's
how it works. When you spend 100 bucks at the store, you get 10
cents
off a gallon for 100 gallons. If you spend 1000 at the store,
you get 10
cents off a gallon for 1000 gallons. Idiot.
When you go to Giant you are paying higher prices than you pay at
Safeway, Magruder's, Weis, and other grocers in my area.
And, the Shell station closet to me has prices that are about 6 or
7
cents greater than the BP station which is more convenient.
Why am I going to pay higher prices for groceries, about $20 more
than
Safeway, then go out of my way to go to a Shell station to save 3
or 4
cents a gallon? The economics just don't make sense.
How it works
For every dollar you spend at Giant, you earn a point on your card.
Earn 100 points, save 10¢/gallon
on gas. The more you shop, the more you save - you can redeem up to
$2.20/gallon in a single fill
up.
Points Savings
100 10¢/gallon
200 20¢/gallon
300 30¢/gallon
...up to $2.20/gallon!
Points are valid for 30 days.
Terms and Conditions
Fuel savings are limited to 35 gallons of fuel per vehicle per
purchase, or limits placed on your
payment card by your financial institution, which may be lower.
Total discount cannot exceed price
per gallon. Limit of 2,200 points may be redeemed with any fill up.
Earned points are available for
redemption within 24 hours. Offers available at Giant or
participating Shell locations. Giant
Rewards points earned at participating Giant locations only. Giant
Gas Rewards not available in
Charlottesville, North Carolina. Only purchases made with your
Giant card are eligible. Net purchase
excludes alcoholic beverages, tobacco products, pharmacy items,
gift cards, milk, Metro passes and
any other purchase prohibited by law. Giant Gas Rewards points will
expire 30 days from date of
issuance. Your date of purchase is day 1. Giant Rewards points
available at the time of a gasoline
transaction will be redeemed. Visit your participating Giant stores
for program details. Offer may
be modified or discontinued at any time without notice. Not valid
where prohibited by law. All
trademarks are property of their respective owners.
So, in order to get a $1.00 per gallon discount, you must spend
$1000 to earn 1000 points
Note the fine print: "Giant Gas Rewards points will expire 30 days
from date of issuance." So, all
Harry has to do is spend $1000 at Giant in 30 days, and within the
same 30 days he can save $1 per
gallon on gas.
So, where's the issue? Surely no one is doubting that Harry and his
lovely (in his words) bride
spend $1000 on food in 30 days!
Tubby Hairy and his roly poly bride must be stuffing their faces in
order to save a bit on gasoline. Penny wise and "POUND" foolish.
Snicker.
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