BoatBanter.com - Fuel prices may moderate

On Mon, 9 May 2011 08:25:04 -0400, BAR wrote:

In article ,
says...

On Sun, 8 May 2011 10:53:05 -0400, BAR wrote:

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In article ,
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NOYB wrote:
On 5/7/11 9:13 AM, Hairy Kraut wrote:
In ,
says...

I_am_Tosk wrote:
In ,
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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!

As you know it isn't hard to spend $1000 at Giant.

Especially not if you're buying $500 in gift cards, which don't count, of course, and a bunch more
on prescriptions, which also don't count, of course.

It must be miserable to feel so badly about one's self that one resorts to lies to build his
self-esteem.

WAFL!