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#2395428 - 05/17/11 01:35 PM Re: on the radio [Re: TNDeerGuy]
Stovepipe
18 Point


Registered: 09/21/07
Posts: 21673
Loc: N1549518,E738760

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they use the proceeds off of the bath salts and slush puppies to buy the next delivery of fuel, it all works out
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#2395441 - 05/17/11 01:55 PM Re: on the radio [Re: Stovepipe]
TC4ever
16 Point


Registered: 10/19/07
Posts: 14514
Loc: Va

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Simple supply & demand: I have the supply and you have the demand!
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#2395567 - 05/17/11 06:03 PM Re: on the radio [Re: TC4ever]
Happy Birthday Buzzard
8 Point


Registered: 02/21/08
Posts: 1247
Loc: Rocky Top

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Gas is $3.07 per gallon right now cost. Add $.42 for tax and the rest is profit for the station. That's a little more than .02 per gallon.

Stik, all stations use either LIFO, FIFO, or weighted average accounting methods to set prices. They cant change each load. Right now the local stations are hosing us.
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"Life is Hard, It's harder if you're stupid"
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#2395585 - 05/17/11 06:31 PM Re: on the radio [Re: Buzzard]
wayne
8 Point


Registered: 02/11/09
Posts: 2099
Loc: Grundy

content Online
Gas at our store was dropped $0.20 today. Love's Travel Center in Charleston, Exit 33 I-75.
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"Anybody will say anything under the influence of madness"--Jesco White

http://www.petakillsanimals.com


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#2395594 - 05/17/11 06:40 PM Re: on the radio [Re: TNDeerGuy]
wayne
8 Point


Registered: 02/11/09
Posts: 2099
Loc: Grundy

content Online
 Originally Posted By: TNDeerGuy
 Originally Posted By: stik
 Originally Posted By: TNDeerGuy
 Originally Posted By: stik
 Originally Posted By: tndrbstr
 Originally Posted By: stik
 Originally Posted By: Snake
 Originally Posted By: stik
the gas in their tanks is still the gas they paid the higher price for. just because the price of oil goes down, if they have a couple thousand gallons they paid the higher price for, they are not going to lower the price until the next shipment. that may take a while.


I can understand that but let the price per barrel go up and that day you will see an increase !


they have to make enough to buy the next load at the higher price.



Thats a croc...they need to start selling it on consignment then....





croc? maybe. but that's the way it has been done since forever.


I've said it before and will say it again...it has nothing to do with what stik says, it has everything to do with gas/oil being a commodity and the period as oil falls and gas prices do not match the escaltion of the price, nor the decrease in oil prices it is a period of opportunity profitization, it has nothing to do with using money to buy the next shipment with--that's what they want us to believe!


it's not hard to believe when it's simple math. if they make 2-3 cents a gallon then have to pay 7+ cents more for the next load, they have taken a loss. nobody can stay in business long like that.


and there is not a business—that is still in business—that will, or can afford to run their business like that you claim stik and if ANY business runs that lean then take a picture of them because they will not be around long. They use gross profit margins to purchase inventory—they don't run paycheck to paycheck as you described—that is what many of their consumers do.


Just in case some of you didn't know, ordering a load of gas isn't like ordering a cheeseburger. The order is put in days in advance. And the price changes everyday. I have seen suppliers "cut-off" their supply around 2:00 p.m. because they are expecting a big price increase. And magically at 6:00 p.m. the supply is back on after the new price takes effect.
_________________________
"Anybody will say anything under the influence of madness"--Jesco White

http://www.petakillsanimals.com


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#2395728 - 05/17/11 09:03 PM Re: on the radio [Re: wayne]
Bigmonts
6 Point


Registered: 12/27/04
Posts: 820
Loc: Brighton, Tn.

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It was 3.57 today in Millington,TN.
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Enjoy each day.

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