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Automotive News & Views Report Your Local Gas Prices Here
8805 messages, Last post on Nov 27, 2009 at 11:25 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
Yesterday morning I reported fuel prices were in the $1.99 ~ $2.07 range. Well on my way home last night there was a +$0.20 price change at the Shell, Mobils & BPs. The prices went from $2.05 ~ $2.07  6:00am to $2.25 ~ $2.29 6:40pm. One Speedway also made the same hike. Yet the Meijers, Jewel, Citgos and Sonic were still at the $2 point. Guess someone at the other places order cheese on their Whopper, or super-sized their value meal. On a side note, one bad thing I noticed with the drop in fuel prices is that more & more speed demons are out there. Was getting passed yesterday to/from work like I was standing still. Getting worse every day. |
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| I was checking my spreadsheet and I paid $2.34 per gallon to fill up the end of January 2006. It was the same exact price two days ago here in San Diego. Cheapest gas today in the county is Costco at $2.25 per gallon. County wide average for regular is $2.50. The highest price recorded for today is $2.77. So you have a 52 cent range. This does not include the desert communities that are going to be at in the low $3 range. | |
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My usual Sunoco, Palisades Park NJ, changes from last Friday 87 - $1.999 - down 6 89 - $2.099 - down 6 91 - $2.159 - down 6 93 - $2.199 - down 6 diesel - $2.299 - unchanged for 2 weeks Even Mt. Arlington Exxon (the "high-priced spread") is down to $2.079 for 87. kcram - Pickups Host |
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Is it me or does it seem to be unethical that 1 business, "Mobile" can make a profit, yes "PROFIT", of $39,500,000.00 in 3 months? That's Thirty Nine Million and Five Hundred Thousand Dollars in Profit in 3 months. I see that someone posted that Mobile raised their price $.25 a gallon after the news reported their year end profit. Have they no shame? In California Mobile is still charging $2.60 a gallon for regular unleaded 87-octane fuel. $2.70 for 89 Octane & $2.80 for 91 Octane. It seems that all we that care about being ripped off at the pump can do is simple complain. I've previously suggested last summer when the price was $3.40 for 87 octane that we boycott the service station every Saturday until they stopped ripping us off and lowered their prices to a reasonable profit margin. That would be something under $1.50 a gallon. This might not seem like a lot to some people, but it would mean millions lost in interest just for one day. If we all just got together on this and either purchased our fuel the day before on Friday or the day after on Sunday and did it until they lowered their prices, then they would see that it is us, the people who can take control. But we won't do it and they know it. That is why they made $39,500,000.00 in profit in 3 months and will do it again and again and again until something is done to make them stop. I believe that my suggestion is one way of stopping them. I'm sure that there will be some derogatory remarks to this post and those who will say that my suggestion will not work. Well then come up with another reasonable solution and I will be glad to listen. But until such time then don’t put down what you can not reasonably give another solution to.
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Replying to: johnny4016 (Feb 02, 2007 11:00 am) And it's 39.5 BILLION with a "B". Get it straight. 
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Replying to: johnny4016 (Feb 02, 2007 11:00 am) |
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Replying to: larsb (Feb 02, 2007 11:56 am) Get it straight." Additional info not generally found in the mass media: The $39.5 Billion in net profit was on total revenues of $377.6 Billion (profit margin of 10.4%). Total taxes paid by ExxonMobile in 2006: $100.6 Billion btw - the net income of $39.5 Billion for all of 2006 included a special $0.41 Billion tax related benefit (this would be the reverse socialism that is occasionally mentioned in here). So, without that tax-related benefit, ExxonMobile WOULD have paid a nice even $101 Billion in taxes in 2006 instead of the paltry $100.6 Billion. http://library.corporate-ir.net/library/11/115/115024/items/229203/xom_020107rel- ease.pdf Draw your own conclusions. |
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Replying to: rorr (Feb 02, 2007 2:47 pm) My conclusion is that some just can't stand to see the status quo/current regime bashed, and fixate on every post.
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Replying to: fintail (Feb 02, 2007 4:06 pm) |
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Replying to: fintail (Feb 02, 2007 4:06 pm) |
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