Comments on: Gas Prices Dropping After Double Hurricane Spike

By: David Huie Green

David Huie Green — Thu, 19 Oct 2017 02:43:16 +0000

REGARDING:
“Years ago when we had hurricanes prices didn’t go up and oil companies planned long-term for things. Todays corporate greed has taken over and nobody looks past today to build a cushion for such natural disasters.”

Actually, prices did fluctuate even if not as much as when a powerful hurricane sits down on the main refineries and just stays there. Production was mostly from land or Middle East. Neither were strongly affected by hurricanes. Refineries aren’t affected unless the hurricane hits hard where they are.

AND:
” one local convenience store chain chose to raise pump prices on Monday to $2.40 a gallon.
Just seemed that many other were still dropping prices every other day by a penny or two. Just found it odd that there was a need to raise prices. It was almost like someone got greedy.”

Greed may not have been involved; maybe he wanted to take in less money. If everybody is selling basically the same product and yours is more expensive, you sell less product.

David for free markets

By: David Huie Green

David Huie Green — Wed, 18 Oct 2017 15:49:22 +0000

“the power to tax involves the power to destroy,” Chief Justice John Marshall

(Not that it always does, but it can. dhg)

By: old man

old man — Tue, 17 Oct 2017 21:12:43 +0000

if the price is 2.43 per gallon take away the 4 cent going to E C A T and that makes it 2.39 per gallon if you live in molino or north of molino and drive to pensacola to work that 4 cent will add up in a year ( of course you could take the bus)

By: John

John — Tue, 17 Oct 2017 19:57:08 +0000

We complain about gas prices here in the US when we pay much lower prices compared to a lot of other nations. I’ll gladly pay over 2 dollars a gallon compared to over 10 plus dollars a gallon in some nations. The world is using more oil. Deal with it.

By: Jim

Jim — Tue, 17 Oct 2017 13:01:23 +0000

Would love to see the less than $2.00 prices we were promised during the election campaigning with the opening of the Dakota Access, the Keystone and other pipelines. I never really expected it to happen, but thought there might be some small, yet noticeable, effect in our favor.

By: willy

willy — Tue, 17 Oct 2017 12:47:28 +0000

seems funny to me that prices change at all. Years ago when we had hurricanes prices didn’t go up and oil companies planned long-term for things. Todays corporate greed has taken over and nobody looks past today to build a cushion for such natural disasters. Corporate exec’s still get huge bonuses even though by the “chosen statistics” the company is going in to default. Amazing how that happens.

By: retired

retired — Tue, 17 Oct 2017 12:28:01 +0000

now if diesel will come down

By: Jason

Jason — Tue, 17 Oct 2017 06:06:56 +0000

Couldnt help but notice that one local convenience store chain chose to raise pump prices on Monday to $2.40 a gallon.

Just seemed that many other were still dropping prices every other day by a penny or two. Just found it odd that there was a need to raise prices. It was almost like someone got greedy.