Gas prices in Tennessee September 03, 2005, 12:33:03 pm Yahoo Message Number: 57621Coming home from town here in East Tennessee Friday, I noticed that gas prices were posted at my favorite gas station with scribbled in letters at $3.45 per gallon. As I was passing, a clerk had a ladder up on the island preparing to change the prices again, no doubt to $4.00 a gallon.As Fox News indicated, any gas station that changes its prices over $1 in a 7 day period is a gouger, which makes all our local stations gougers. Last week at this time the price was $2.45 and I was griping about that. Isn't this outrageous? Our President asked us to conserve gas and not do any undue traveling at this time. So, I cancelled out on my Friday Scrabble Game meeting, to do my part. Whether that will do any good, or not.... only politics and time will tell. Atlanta, I hear, is rationing gas and one person ran out while waiting and the station's gas gave out before he got there. The station's owner scrounged up one gallon for him to use to return home. These are tough times. Bye. FRANCES
Re: Gas prices in Tennessee Reply #1 – September 03, 2005, 01:03:07 pm Yahoo Message Number: 57624QuoteAs Fox News indicated, any gas station that changes its prices over $1 in a 7 day period is a gouger, which makes all our local stations gougers. Please don't use Fox as your source for economics advice. Retailers' prices usually reflect what they themselves are charged. Many get deliveries every day or two. On last night's TV news here, retailers were showing their actual invoices for yesterday's deliveries, and they were indeed charging only a reasonable markup above that. So if there is gouging happening, it's not necessarily being perpetrated at the local, retail level.
Re: [Life With A Lazy Daze RV] Re: Gas prices in Tennessee Reply #2 – September 03, 2005, 01:17:22 pm Yahoo Message Number: 57626Please don't use Fox as your source for economics advice. Retailers' prices usually reflect what they themselves are charged. Many get deliveries every day or two. On last night's TV news here, retailers were showing their actual invoices for yesterday's deliveries, and they were indeed charging only a reasonable markup above that. So if there is gouging happening, it's not necessarily being perpetrated at the local, retail level.It is difficult though to explain how the price goes up on a given day (sometimes more than once) when no gasoline deliveries have been made yet. Somehow, the cost of the gas that was sitting in the tanks magically increased all by itself.Dick