Gas prices

of interest:

Chevron agrees to buy REG in $2.75B bet on renewable fuels
Chevron threw itself headlong into the energy transition, announcing a $2.75 billion agreement to buy renewable fuels maker Renewable Energy Group. The acquisition of REG’s growing renewable fuels production and feedstock capabilities should allow Chevron to accelerate toward its goal of building renewable fuels production capacity of 100,000 bbl/d by 2030.
 
TechRaiderRider said:
fear not, friends -
we have smart folks in DC
who have the answer to high gasoline prices -

print more money!!
https://www.foxbusiness.com/politic...s-rebates-americans-some-taxing-oil-companies
Click to expand...

Makes perfect sense. Dump more money into the economy....that'll boost up the value of the dollar and lower inflation.

New Circle K just opened a couple miles from the house. They're selling gas for 3.87 (3.77 with their magic card), so I'm hoping that lasts for a while.....
 
MarineUKFan said:
Makes perfect sense. Dump more money into the economy....that'll boost up the value of the dollar and lower inflation.

New Circle K just opened a couple miles from the house. They're selling gas for 3.87 (3.77 with their magic card), so I'm hoping that lasts for a while.....
Click to expand...
i, for one, am glad
we have people in DC
smarter than you and i
who understand economics -

$3.59 here in Tyler -
 
TechRaiderRider said:
fear not, friends -
we have smart folks in DC
who have the answer to high gasoline prices -

print more money!!
https://www.foxbusiness.com/politic...s-rebates-americans-some-taxing-oil-companies
Click to expand...
YAY!!!!!!!

But wait...them printing more money doesn't change my salary...and besides...what...what if the prices keep going ups after we have more money??

Well, thankfully we have sharp ones like Joe "Snifflin and Diddlin" Biden and KamaHAHAHAHAHAHAla (swallows) Harris in charge. I can rest easy.
 
DieSonneTeufeln said:
$5.79 for the cheap shit this am at Costco, $135 fill up. 😳🖕🙄
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PSUTE said:
$3.79 in the middle of nowhere Appalachia...
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Gasoline is commodity market priced.

RBOB Gasoline PRICE Today | RBOB Gasoline Spot Price Chart | Live Price of RBOB Gasoline per Ounce | Markets Insider (businessinsider.com)

Most retailers add 2-3 cents per gallon as their profit over what they pay. Everything beyond the market price plus markup by the retailer is taxes.
 
OldDevilDawg said:
Gasoline is commodity market priced.

RBOB Gasoline PRICE Today | RBOB Gasoline Spot Price Chart | Live Price of RBOB Gasoline per Ounce | Markets Insider (businessinsider.com)

Most retailers add 2-3 cents per gallon as their profit over what they pay. Everything beyond the market price plus markup by the retailer is taxes.
Click to expand...

I've heard more than a few times that gas is NOT where gas stations make their money and that, on occasion, they'll sell gas at a loss to get butts in the door to buy their super marked up other stuff. As an example, I can buy 3 bananas at the grocery store and they cost me right around 40 cents total (or less) for the 3 of them. At the Handy Mart that shares the same parking lot with said grocery store, I can buy ONE banana for a dollar lol.
 
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