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Old 17-06-2006, 04:16 PM   #1
Freet
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Gas prices

I have never been one to concern myself over pricing. If I need something that costs x dollars then I don't go looking for somewhere that charges x-1 dollars. I just pay the price and go on with my life.

Lately though I noticed that gas prices has changed me. I was driving down the road yesterday and noticed my gauge showed I had 1/4 tank left. I caught myself wondering if I should go ahead and fill up now, or, if I waited a day or two, would the price go down. As I mentioned, I am not normally one to think this way.

It's almost like we are playing the stock market when buying gas these days. With gas pricing fluctuating so much from day to day, you try to predict market fluctuations so you can judge the best time to fill up. Even if I catch pricing down one day, I will still be paying $35-40 per gallon for a tank, but at least I feel like I didn't get screwed quite so bad when I find the price down a couple of cents.

Why didn't I buy stock in Chevron 20 years ago?
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Old 17-06-2006, 04:55 PM   #2
Inferknow
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Quote:
Originally Posted by Freet
Why didn't I buy stock in Chevron 20 years ago?
LoL you and a million other people. And i have also noticed that gas is high. NOw im not sure how much it is over their, ut here it is about $2.95 if your lucky. And to fill an empty tank is just to expensive now, so me and most of my other family members fill at half a tank.
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Old 17-06-2006, 07:18 PM   #3
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Quote:
Originally Posted by Inferknow
LoL you and a million other people. And i have also noticed that gas is high. NOw im not sure how much it is over their, ut here it is about $2.95 if your lucky. And to fill an empty tank is just to expensive now, so me and most of my other family members fill at half a tank.
We pay just under a pound for a litre. Not sure the gallon price (it's stated below on the signs but I never look). I know it's rip-tastic though.

You could get yourself a couple ten gallon cans and fill them up when the price drops. I don't know how much the price is fluctuating over in the US so going to those measures might not be worth it. It's not so much fluctuating as steadily increasing over here so it's more a case of buy it now because it'll be up another point tomorrow.
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Old 17-06-2006, 08:52 PM   #4
Suicidal Zebra
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http://forums.diabloii.net/showthrea...05#post4356305

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An American gallon is 3.785 litres, rather than 4.546 litres for the imperial gallon. Thus, in the UK (at 96p per litre) we pay roughly £3.63 per US gallon. This equates to (at the current exchange rate of £1 = $1.782) $6.48 per US gallon, or more than double US prices.
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Old 18-06-2006, 02:52 PM   #5
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Quote:
Originally Posted by Freet
...I will still be paying $35-40 per gallon for a tank.....
I really should spend more time proof reading my posts.

I meant to say I would spend $35-40 on a tank, not a gallon.
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Old 18-06-2006, 04:21 PM   #6
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Originally Posted by Freet
I really should spend more time proof reading my posts.

I meant to say I would spend $35-40 on a tank, not a gallon.
I was thinking $35 bucks a gallon, gawd that's steep:)

I had no idea UK prcies worked out to £3.63 for a gallon compared to US. Tax-tastic. That's an unbelieveable difference. I assume it's all tax and the US doesn't get taxed on fuel?
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Old 18-06-2006, 10:56 PM   #7
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You have to factor in that in Britain we generally pay more for everything, even after you take taxes out of the equation. I guess we just get screwed as we have no choice but to pay up.
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Old 20-06-2006, 10:09 PM   #8
SaroDarksbane
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Some things to keep in perspective:

If gas goes up 5 cents (enough to make people cry foul), the average 12 gallon tank requiring a fill up once every week will cost you a whopping $2.40 more a month. Put down that mocha and fill up your tank already. If it goes up an eye-popping 10 cents, that's $4.80 more a month, and one less fast food trip will get you there.

Europe pays a lot more for gas, but you also need it less there due to the higher density, smaller land areas, and thus more expedient public transportation.

Adjusting for inflation, the "enormous" increases in gas price recently have bumped it back up to what it cost in 1980.

Oil company profits on a gallon of gas: 10 cents.
Federal/State Tax on a gallon of gas: 26-68 cents. (AK and NY, respectively)

Honestly, I'm thankful I can fill up my car at any price, but when you really look at the numbers, they're not that bad.
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Old 20-06-2006, 10:46 PM   #9
Jagzmtg
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There was a story on the news about a group that offered fixed gas price contracts back in the early 90's. It was so cheap then that hardly anybody signed up for them, though. They interviewed a lady who signed up for one and to this day only pays $0.89 for a gallon of gas. I wish I could find the story somewhere on the internet, but searching is limited at work.
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Old 20-06-2006, 10:53 PM   #10
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The issue for me is I have a 70 mile round trip commute to work. I live in a rural area, public transportation is simply not available. Car pooling is not an option either as very few people actually work in my area *disabled, retired* So I am pretty much stuck with 350 miles a week @ 30mpg = 11+ gallons at the going price whatever it may be. If it is $5 or $6 a gallon i'll have to pay it. I own my home I could sell and purchase closer to my workplace however property values in my area are in the toilet. I would have to pay 3 or 4x the amount my house would sell for to buy one that was even close to the same quality near my workplace. My only other option is a motorcycle, on a larger highway that might be considered but on the two lane roads we have...it is not safe.

Just stuck, no matter what the price of gas I have to buy it.
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