Gas prices are rising quickly ! Athens , Al. Jumped 12¢ over night. $3.49 for 87 octane.
I'm paid hourly. No matter where I am or what I'm doing, between 8:00 +/- and 4:00 +/- I'm on the clock. Of course, the financial health of the company is important to me and I give gratis as needed. God bless those who want to " take care of business " , because, frankly, I'm too busy to have to worry about money.Has it's plus and minus's. Nice part though; I still make a profit despite the times. My secret; no debt. :icon_smile_cool:
Ahh, I remember the good old days. Well, not that old. I was living in Alberta and I had a propane van. They had a gas war and I bought propane for 3 cents a liter. It was still a byproduct then. Pretty cool.I don't know who is responsable all I know is the closer you get to the Border the higher the prices get.
Yesterday gas in Everson was $3.79 10 miles from the border, last night in Sumas it was $3.85, 500 feet from the border.
:bsflag:I am always amazed when people blame the politicians for the price of gas. They have no control over it. The country, thanks to certain members of congress, gives ungodly amounts of tax breaks and incentives to the oil companies, and they just screw us every chance they get. The oil companies control their prices based on demand, and what they think they can get for it. That is why the prices increase the closer you get to the borders. There are no shortages of oil or gas. The companies only release the amounts that they want to sell. They have shown record profits for the last few years, with record tax breaks. Since Christmas, the cost of my commute to work has increased from $50 a week to almost $60 a week thanks to the greedy oil companies.
I remember when it was strange for someone to use a charge card for a purchase os only a couple of dollars. I seldom go inside a gas station when I fill up, and remember when it only cost a dollar or two to fill up. Now with my Shadow, it costs me about $10-$13 to fill up, and can't wait to get one of my WIngs on the road. No problem with them taking my charge card now for gas purchases!
If you notice, the prices on gas always change at times of increased travel. A few years ago, when the prices got really high the travelling dropped off during holidays and vacation periods. I think that the oil companies got a message and have adjusted their price adjustments accordingly.I have always imagined gasoline should be priced at what the market will tolerate, I mean I am a mathematician, not an economist, but I recall learning that a capitalist economy tends to increase prices for commodities until elasticity of demand reduces overall profit or until marginal costs equals marginal revenue. There seems to be very little elasticity of demand for gasoline so if I were selling it I would raise the price until consumers started to vote with their money and buy less. At $4.50/gallon in SoCal the freeways and parking lots just like when it was $3.50/gallon. My observation a couple of years ago was traffic thinned out a little when gasoline went over $5.00.
Oil companies are not people, they are economic animals that serve their shareholders first and at the expense of all others. This is capitalism.