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#1
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![]() "Harry Krause" wrote in message ... P. Fritz wrote: "OlBlueEyes" wrote in message ... Harry Krause wrote in : OlBlueEyes wrote: This is why prices are behaving as they are, and why prices ALWAYS rise in any "crisis" situation. People who complain about $500 generators selling for $3,000 or $5 plywood boards selling for $25 don't understand basic economics. There aren't enough generators or plywood boards for everyone, so prices self-regulate. Sometimes, but more likely, the sellers are taking advantage and gouging. The stations in my immediate area raised their prices nearly $1.00 overnight. There's no shortage, there's no lines, and it's unlikely all the stations just received thousands of gallons of higher priced gas. Actually it's LIKELY the stations WON'T be receiving ANY gas for DAYS. It is likely the stations are making the same few cents a gallon that they have always made. You think suppliers raise the price to stations on fuel already in their underground tanks? I don't know the economic facts, but I do have an opinion. It doesn't matter that they charge us more for the gas in their tanks. Don't they also charge us less for the fuel in their tanks when prices come down? I will concede that the price fails to come back down significantly. |
#2
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On Thu, 01 Sep 2005 22:45:46 GMT, "Bryan" wrote:
"Harry Krause" wrote in message ... P. Fritz wrote: "OlBlueEyes" wrote in message ... Harry Krause wrote in : OlBlueEyes wrote: This is why prices are behaving as they are, and why prices ALWAYS rise in any "crisis" situation. People who complain about $500 generators selling for $3,000 or $5 plywood boards selling for $25 don't understand basic economics. There aren't enough generators or plywood boards for everyone, so prices self-regulate. Sometimes, but more likely, the sellers are taking advantage and gouging. The stations in my immediate area raised their prices nearly $1.00 overnight. There's no shortage, there's no lines, and it's unlikely all the stations just received thousands of gallons of higher priced gas. Actually it's LIKELY the stations WON'T be receiving ANY gas for DAYS. It is likely the stations are making the same few cents a gallon that they have always made. You think suppliers raise the price to stations on fuel already in their underground tanks? I don't know the economic facts, but I do have an opinion. It doesn't matter that they charge us more for the gas in their tanks. Don't they also charge us less for the fuel in their tanks when prices come down? I will concede that the price fails to come back down significantly. If they charged only what they paid for the fuel in their tanks, they wouldn't be able to afford the cost of the next tank refill. I just spoke to the owner of the local Texaco (who, by the way, is selling gas at $2.96/gal. The cut-rate Crown right next to him is charging $3.16/gal. -- John H "All decisions are the result of binary thinking." |
#3
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![]() "PocoLoco" wrote in message ... On Thu, 01 Sep 2005 22:45:46 GMT, "Bryan" wrote: "Harry Krause" wrote in message ... P. Fritz wrote: "OlBlueEyes" wrote in message ... Harry Krause wrote in : OlBlueEyes wrote: This is why prices are behaving as they are, and why prices ALWAYS rise in any "crisis" situation. People who complain about $500 generators selling for $3,000 or $5 plywood boards selling for $25 don't understand basic economics. There aren't enough generators or plywood boards for everyone, so prices self-regulate. Sometimes, but more likely, the sellers are taking advantage and gouging. The stations in my immediate area raised their prices nearly $1.00 overnight. There's no shortage, there's no lines, and it's unlikely all the stations just received thousands of gallons of higher priced gas. Actually it's LIKELY the stations WON'T be receiving ANY gas for DAYS. It is likely the stations are making the same few cents a gallon that they have always made. You think suppliers raise the price to stations on fuel already in their underground tanks? I don't know the economic facts, but I do have an opinion. It doesn't matter that they charge us more for the gas in their tanks. Don't they also charge us less for the fuel in their tanks when prices come down? I will concede that the price fails to come back down significantly. If they charged only what they paid for the fuel in their tanks, they wouldn't be able to afford the cost of the next tank refill. I just spoke to the owner of the local Texaco (who, by the way, is selling gas at $2.96/gal. The cut-rate Crown right next to him is charging $3.16/gal. And my wife just called to tell me that she saw CNN showing stations charging $5. Well, time to walk to the store and time for the kids to ride their bikes to school (heresy in these SUV soccer mom parts). |
#4
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On Fri, 02 Sep 2005 00:02:29 GMT, "Bryan" wrote:
"PocoLoco" wrote in message .. . On Thu, 01 Sep 2005 22:45:46 GMT, "Bryan" wrote: "Harry Krause" wrote in message ... P. Fritz wrote: "OlBlueEyes" wrote in message ... Harry Krause wrote in : OlBlueEyes wrote: This is why prices are behaving as they are, and why prices ALWAYS rise in any "crisis" situation. People who complain about $500 generators selling for $3,000 or $5 plywood boards selling for $25 don't understand basic economics. There aren't enough generators or plywood boards for everyone, so prices self-regulate. Sometimes, but more likely, the sellers are taking advantage and gouging. The stations in my immediate area raised their prices nearly $1.00 overnight. There's no shortage, there's no lines, and it's unlikely all the stations just received thousands of gallons of higher priced gas. Actually it's LIKELY the stations WON'T be receiving ANY gas for DAYS. It is likely the stations are making the same few cents a gallon that they have always made. You think suppliers raise the price to stations on fuel already in their underground tanks? I don't know the economic facts, but I do have an opinion. It doesn't matter that they charge us more for the gas in their tanks. Don't they also charge us less for the fuel in their tanks when prices come down? I will concede that the price fails to come back down significantly. If they charged only what they paid for the fuel in their tanks, they wouldn't be able to afford the cost of the next tank refill. I just spoke to the owner of the local Texaco (who, by the way, is selling gas at $2.96/gal. The cut-rate Crown right next to him is charging $3.16/gal. And my wife just called to tell me that she saw CNN showing stations charging $5. Well, time to walk to the store and time for the kids to ride their bikes to school (heresy in these SUV soccer mom parts). I'm fixin' to break out the bicycle and, for longer trips, the motorcycle. It gets about 48mpg, which isn't too bad. -- John H "All decisions are the result of binary thinking." |
#5
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![]() "Bryan" wrote in message . .. "Harry Krause" wrote in message ... P. Fritz wrote: "OlBlueEyes" wrote in message ... Harry Krause wrote in : OlBlueEyes wrote: This is why prices are behaving as they are, and why prices ALWAYS rise in any "crisis" situation. People who complain about $500 generators selling for $3,000 or $5 plywood boards selling for $25 don't understand basic economics. There aren't enough generators or plywood boards for everyone, so prices self-regulate. Sometimes, but more likely, the sellers are taking advantage and gouging. The stations in my immediate area raised their prices nearly $1.00 overnight. There's no shortage, there's no lines, and it's unlikely all the stations just received thousands of gallons of higher priced gas. Actually it's LIKELY the stations WON'T be receiving ANY gas for DAYS. It is likely the stations are making the same few cents a gallon that they have always made. You think suppliers raise the price to stations on fuel already in their underground tanks? I don't know the economic facts, but I do have an opinion. It doesn't matter that they charge us more for the gas in their tanks. Don't they also charge us less for the fuel in their tanks when prices come down? I will concede that the price fails to come back down significantly. Harry is as ignorant about gasoline sales as he is about boating and politics. Many stations take a net loss on gas sales, ( when you calculate labor, shrinkage, capital investment etc) they profit from the pop and snack business. |
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