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10/20/2017 1:01:18 AM
9/22/2017 12:11:25 AM
Posted: 9/3/2005 7:22:18 AM EDT
Link Posted: 9/3/2005 10:16:39 AM EDT
Wow, intersting how the crickets are chirping on this one...none of the usual "supply and demand" and market forces gas station/petroleum apologists are checking in.

Yesterday in WNY, prices went from $3.09 in the morning to $3.89 to $4.09 by lunch time.

This morning all the prices are down to $3.49.....consistent, pretty much across the board...

No, no gouging going on there...supply and demand and market forces don't work that fast, up or down. I am sure the NYS Consumer Protection lines were lit up, and the stations got the word, thats why prices dropped $0.50 overnight....It was gouging pure and simple.
Link Posted: 9/3/2005 10:20:38 AM EDT

Originally Posted By pzjgr:
Wow, intersting how the crickets are chirping on this one...none of the usual "supply and demand" and market forces gas station/petroleum apologists are checking in.

Yesterday in WNY, prices went from $3.09 in the morning to $3.89 to $4.09 by lunch time.

This morning all the prices are down to $3.49.....consistent, pretty much across the board...

No, no gouging going on there...supply and demand and market forces don't work that fast, up or down. I am sure the NYS Consumer Protection lines were lit up, and the stations got the word, thats why prices dropped $0.50 overnight....It was gouging pure and simple.



So I'm supposed to get excited about heresay? Links? Credentials?
Link Posted: 9/3/2005 10:24:08 AM EDT
Link Posted: 9/3/2005 10:28:38 AM EDT
[Last Edit: 9/3/2005 11:01:10 AM EDT by Johnny_Reno]
If it is indeed a case of price fixing (and it appears as though it is), dropping a few oil-magnate CEOs in prison for a few years would do wonders on the willingness of the others to act in a moral fashion.
Link Posted: 9/3/2005 10:32:31 AM EDT
A station in town had regular for $2.99. He could have gouged it up, but didn't. The next load he gets may be higher to do the increased cost to him. A decent thing to do, I thought. He'll be getting more of my business in the future. I hate those SOBs taking advantage of a situation.
Link Posted: 9/3/2005 10:33:40 AM EDT
At what point is it "gouging"...........2 weeks ago gas was about $2.51 right now it is $3.39......................So what "should " the price be?.....yesterday I checked on no2 heating fuel $2.49 right now........andthe heating season isnt even here yet!!!
Link Posted: 9/3/2005 10:34:55 AM EDT

Originally Posted By Johnny_Reno:
If it is indeed a case of price fixing (and it appears as though it is), dropping a few oil-magnate CEOs in prison for a few years would do wonders on the willingness of the others to act in a morale fashion.



What do ya mean Dick Cheny's buddies?
Link Posted: 9/3/2005 10:44:22 AM EDT
Link Posted: 9/3/2005 10:46:59 AM EDT

Originally Posted By beaterAR:

Originally Posted By Johnny_Reno:
If it is indeed a case of price fixing (and it appears as though it is), dropping a few oil-magnate CEOs in prison for a few years would do wonders on the willingness of the others to act in a morale fashion.



What do ya mean Dick Cheny's buddies?




Well, trolly-boy - I don't really care who their friends are or who aren't.

<­BR>
Nitwit.
Link Posted: 9/3/2005 10:55:57 AM EDT
Yea they'll punish themselfs LOL
Link Posted: 9/3/2005 10:56:57 AM EDT

Originally Posted By beaterAR:
Yea they'll punish themselfs LOL




themselfs themselves.

Nitwi­t X 2
Link Posted: 9/3/2005 11:12:01 AM EDT
We will never see prices below $3/gal ever again
Link Posted: 9/3/2005 11:31:57 AM EDT

Originally Posted By JoeWang:

Originally Posted By pzjgr:
Wow, intersting how the crickets are chirping on this one...none of the usual "supply and demand" and market forces gas station/petroleum apologists are checking in.

Yesterday in WNY, prices went from $3.09 in the morning to $3.89 to $4.09 by lunch time.

This morning all the prices are down to $3.49.....consistent, pretty much across the board...

No, no gouging going on there...supply and demand and market forces don't work that fast, up or down. I am sure the NYS Consumer Protection lines were lit up, and the stations got the word, thats why prices dropped $0.50 overnight....It was gouging pure and simple.



So I'm supposed to get excited about heresay? Links? Credentials?



wgrz.com/news/news_article.aspx?storyid=31297

Some Gas Stations Tapped, Long Lines At Others

Posted by: Aaron Saykin, Reporter
Created: 9/2/2005 8:17:46 AM
Updated: 9/2/2005 11:26:59 PM


E-mail This Article
Printable Version

Some local gas station owners are worried they're going to run out of gas in the next couple of days. Some already have. The result is something all too familiar.

Gas lines stretched into the street as attendants directed traffic Friday evening at the Delta Sonic on Niagara Falls Boulevard. It was a scene reminiscent of an era some thought they'd never see again.

"[it reminds me of] the 70s, the crisis, when everyone was going crazy with the gas," said Mitch Oukajlo of North Tonawanda. "It's unbelievable."

By nightfall there was no gas left at the Delta Sonic site on Main Street in Buffalo, at a city Mobil on Lexington and a Sunoco station in Tonawanda.

The prices fluctuated so much Friday that some stations left their signs blank.

"Everybody's running out," one driver remarked.

That means motorists can either wait where gas is cheap or pay for it... big time. A Sunoco on Sheridan is charging nearly four dollars per gallon. Many local NOCO stations are charging $3.89.

That's nearly a dollar more than the $2.99 the owner of a Lancaster Mobil station is asking for.

"Our suppliers are saying we are going to up, but not to no 3-90 to four dollars like other places are," the owner said. "Sick. They're absolutely sick."

2 On Your Side's Ron Plants asked a NOCO spokesman if the company is guilty of gouging.

Plants: "80to 90 cents overnight?"
Spokesman: "That's what the market, the commodity, the price for the gasoline we are purchasing is determining as far as our pricing is concerned."

The problem, experts explain, is one of supply and demand. The hurricane brought supply down a little bit, so demand went up a little bit. This is the start of a holiday weekend, so demand went up even more. But to make matters worse, people who don't really need gas are still gassing up, making the demand artificially higher.

It's no better in Fort Erie, Canada. They're getting $1.34 a liter. In America, that's about $4.26 a gallon.

"I just hope it all ends sooner or later… sooner than later," said Kevin Valencourt of Fort Erie.

In the meantime, experts say the best thing to do to bring the price back down is what the president suggested -- do not fill up until you need to.

State officials say gas price gouging will not be tolerated and encourage you to file a complaint if you think its happening.



I took these pics during my bike ride yesterday. 1st shows the price gouging second shows the lines. The news channel from the link above happened to have gone to these two stations as part of the story


Link Posted: 9/3/2005 11:34:24 AM EDT
Link Posted: 9/3/2005 12:00:01 PM EDT
Well I don't know HiramRanger personally but I do know in the NY forum he speaks quite often of govt type stuff he knows about. Also most of the members over there ask him about state govt stuff
Link Posted: 9/3/2005 12:37:27 PM EDT
[Last Edit: 9/3/2005 1:16:06 PM EDT by prk]
If half the people going 75 would drop to 50 or 55, that would make a dent. Also planning those errands better would help. Remember the national 55 speed limit? It was a pain and often ignored, so I'm in favor of the voluntary approach. The asshats will be asshats, and occasionally we have a NEED to get somewhere fast. How often do we THINK about how fast we're going and fuel economy (optimal speed & acceleration can vary with the vehicle)? Last night I was trying to hold it to 50-55 in the RH lane and kept creeping up until I'd notice. Meanwhile most people were passing me by at least 20-25 mph and the ricers were still failing to make us stop laughing with some actual performance.

ETA: While on vacation, 2 weeks ago prices in that area jumped over 10 cents in a few days. It didn't take more than a few days to a week before the price leader there was dropping already. I think they were either overestimating how much they could gouge during the August vacation period, or trying to determine/update price elasticity of demand.
Link Posted: 9/3/2005 12:46:29 PM EDT
Prices by me went down over 20 cents/gal. overnight. (down to $3.09/gal retail in my area)

The overall increases certainly haven't kept anyone at home so far. Lots of people out and about today.
Link Posted: 9/3/2005 1:12:50 PM EDT
[Last Edit: 9/3/2005 1:14:34 PM EDT by mobius]
there just seems to be too many "experts" on these boards, that claim to be this, or that........I would take it for it's worth, just a opinion and nothing more.
Link Posted: 9/3/2005 1:23:56 PM EDT
In cali the price was $2.70 on Monday, $2.79 on tuesday, and $2.99 on friday.

That's gouging. Cali has its own refineries and doesnt get its gas from the gulf. The prices should have went down when Bush did the nationwide suspension of gas blend requirements.
Link Posted: 9/3/2005 1:58:07 PM EDT
Link Posted: 9/3/2005 3:43:52 PM EDT
PA- 3.19 yesterday and 3.39 today.
Link Posted: 9/3/2005 3:55:37 PM EDT
[Last Edit: 9/3/2005 3:56:20 PM EDT by warlord]
The problem as I personally see it and its only my opinion, is that there is an unholy alliance between the federal and state legislatures, EPAs and the oil companies. Govt knows zero on how to run an oil company, but the EPAs are mandated by law to regulate the oil companies. Govt wanted fewer number of oil companies because that would make it easier for them to regulate, and of course the oil companies wanted few companies too, to prevent and/or limit the competition, so it was a win-win for everyone except of course for the consumers. Now we are stuck with a government regulated a monopoly(essentially) among those in the petroleum fuel business. Now what's the difference between socialism and communism? There is a difference, abeit fine line, but it exists.
Link Posted: 9/3/2005 4:38:39 PM EDT
gas prices here went from $2.999 to $2.799///Rochester area///
Link Posted: 9/3/2005 4:41:16 PM EDT

Originally Posted By JoeWang:

Originally Posted By pzjgr:
Wow, intersting how the crickets are chirping on this one...none of the usual "supply and demand" and market forces gas station/petroleum apologists are checking in.

Yesterday in WNY, prices went from $3.09 in the morning to $3.89 to $4.09 by lunch time.

This morning all the prices are down to $3.49.....consistent, pretty much across the board...

No, no gouging going on there...supply and demand and market forces don't work that fast, up or down. I am sure the NYS Consumer Protection lines were lit up, and the stations got the word, thats why prices dropped $0.50 overnight....It was gouging pure and simple.



So I'm supposed to get excited about heresay? Links? Credentials?



I am friggin tired of folks who say or post BS to posts like this.
Link Posted: 9/3/2005 4:42:50 PM EDT

Originally Posted By prk:
If half the people going 75 would drop to 50 or 55, that would make a dent. Also planning those errands better would help. Remember the national 55 speed limit? It was a pain and often ignored, so I'm in favor of the voluntary approach. The asshats will be asshats, and occasionally we have a NEED to get somewhere fast. How often do we THINK about how fast we're going and fuel economy (optimal speed & acceleration can vary with the vehicle)? Last night I was trying to hold it to 50-55 in the RH lane and kept creeping up until I'd notice. Meanwhile most people were passing me by at least 20-25 mph and the ricers were still failing to make us stop laughing with some actual performance.

ETA: While on vacation, 2 weeks ago prices in that area jumped over 10 cents in a few days. It didn't take more than a few days to a week before the price leader there was dropping already. I think they were either overestimating how much they could gouge during the August vacation period, or trying to determine/update price elasticity of demand.



Is that you, Jimmy Carter?
Link Posted: 9/3/2005 4:44:27 PM EDT

Originally Posted By JoeWang:

Originally Posted By pzjgr:
Wow, intersting how the crickets are chirping on this one...none of the usual "supply and demand" and market forces gas station/petroleum apologists are checking in.

Yesterday in WNY, prices went from $3.09 in the morning to $3.89 to $4.09 by lunch time.

This morning all the prices are down to $3.49.....consistent, pretty much across the board...

No, no gouging going on there...supply and demand and market forces don't work that fast, up or down. I am sure the NYS Consumer Protection lines were lit up, and the stations got the word, thats why prices dropped $0.50 overnight....It was gouging pure and simple.



So I'm supposed to get excited about hearsay? Links? Credentials?



Rest assured that Hiram has the requisite credentials, and I would consider this to be far from 'hearsay' if it comes form him....
Link Posted: 9/3/2005 4:45:51 PM EDT
All of this just to tells us its gouging?Like we didnt already know that..
Link Posted: 9/3/2005 4:50:04 PM EDT
The Oklahoma Attorney General's office announced that they were opening an investigation into the reasons for the wild price hikes and that about another 39-40 states' attorneys general had announced that they were too. I don't know if they can get to the bottom of this but I don't think that they can get 40 states to lie simultaneously so I hope that it does some good. Even if it just puts the oil companies on notice that they are being watched.
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