Price of gas update...
Oct 8th 2008, 12:17 pm
#31
now I know my J,C,B's
Joined: Feb 2005
Location: NE Ohio
Posts: 2,215
Oct 9th 2008, 12:59 pm
#33
Lost in BE Cyberspace
Joined: Jun 2008
Location: San Francisco Bay Area
Posts: 10,678
Re: Price of gas update...
That seems amazingly cheap. The price for a gallon of unleaded gasoline on the November futures market is currently $2.02. To that you add 38.4 cents per gallon gasoline tax (federal & Texas state tax) plus approximately 25 cents sales tax (8.25% in Houston) which already comes to $2.65 per gallon. That leaves only 34 cents per gallon for distribution which includes the cost of the jobber (company that purchases and delivers the gasoline from the refiner to the retailer) as well as the profit and costs of the retailer and refiner.
Last edited by Michael; Oct 9th 2008 at 1:04 pm.
Oct 9th 2008, 1:05 pm
#34
Unmitigated Gall
Thread Starter
Joined: Dec 2006
Location: it's still too dark to tell
Posts: 16,162
Re: Price of gas update...
That seems amazingly cheap. The price for a gallon of unleaded gasoline on the November futures market is currently $2.02. To that you add 38.4 cents per gallon gasoline tax (federal & Texas state tax) plus approximately 25 cents sales tax (8.25% in Houston) which already comes to $2.65 per gallon. That leaves only 34 cents per gallon for distribution which includes the cost of the jobber (company that purchases and delivers the gasoline from the refiner to the retailer) as well as the profit and costs of the retailer and refiner.
Oct 9th 2008, 2:04 pm
#38
Queen of my house
Joined: Aug 2007
Location: Ohio
Posts: 5,043
Re: Price of gas update...
You can check your local prices before you fill up at http://www.gasbuddy.com/.
Just type in your (or work's) zip code.
Just type in your (or work's) zip code.
Oct 10th 2008, 3:11 am
#41
BE Site Lead
Joined: Aug 2004
Location: MA, USA
Posts: 92,170
Re: Price of gas update...
gas buddy is saying there's a place for $2.99 across town, but you'd be barmy to go there...
around here, a place just went down to $3.12 which I thought was really good...so filled the tank up, it was running on fumes though
around here, a place just went down to $3.12 which I thought was really good...so filled the tank up, it was running on fumes though
Oct 10th 2008, 4:32 am
#42
Lapine Member
Joined: Nov 2004
Location: Austin, Texas in my own little world
Posts: 21,691
Re: Price of gas update...
That seems amazingly cheap. The price for a gallon of unleaded gasoline on the November futures market is currently $2.02. To that you add 38.4 cents per gallon gasoline tax (federal & Texas state tax) plus approximately 25 cents sales tax (8.25% in Houston) which already comes to $2.65 per gallon. That leaves only 34 cents per gallon for distribution which includes the cost of the jobber (company that purchases and delivers the gasoline from the refiner to the retailer) as well as the profit and costs of the retailer and refiner.
Oct 10th 2008, 5:47 am
#43
BE Forum Addict
Joined: Dec 2002
Location: Ft Lauderdale, FL
Posts: 4,792
Re: Price of gas update...
Fort Lauderdale $3.40 ish. Why has it not dropped to $2.50 or less? Barrel of oil down to $87. Seems like they put it up in a rush & down at at a snails pace.
I sometimes wonder, who is looking out for Joe public.
Reg. Frank R.
I sometimes wonder, who is looking out for Joe public.
Reg. Frank R.
Oct 10th 2008, 9:21 am
#44
Sursum corda
Joined: Sep 2002
Location: Richmond Hill, GA USA
Posts: 38,860
Re: Price of gas update...
Think it's time to circle the wagons-seriously.
PS Good to see you,
Oct 10th 2008, 10:14 am
#45
Forum Regular
Joined: Sep 2007
Location: from Yorkshire, via Hampshire and Surrey to NC Triangle
Posts: 76
Re: Price of gas update...
I just wish I could find some, a lot of the pumps in town are closed, those that aren't only have regular gas, my car needs premium,
I managed to find one pump that had silver so I put in a quarter of a tank, hope it's ok - Chapel Hill, NC
I managed to find one pump that had silver so I put in a quarter of a tank, hope it's ok - Chapel Hill, NC