Gas price fixing

[Galdorf]

Well it looks like Canada's Competition Bureau has been bought by someone what i find odd is how fast it was brushed aside when clearly you can see the gas prices here are 10 cents more than outside the city.
There have been ten's of thousands of complaints nothing is being done i know someone who runs gas stations in area he says yes they are gouging customers because they can until someone tells them to stop.

Fact stations outside the city are further distance from distribution sites and the pirces have been 10 cents cheaper for longer periods of time.

 

[citizensmith]

Its not personal - just bussines. Dont we say to not be the cheapest techs / avoid price wars / race to zero?
still sucks tho

 

[ohio_grad_06]

What's nice right now is gas in some parts of Missouri in the US are at like $2.63 a gallon. Time to fill up lol. Thing is, I thought stations made most of their money on stuff inside like sodas candy, etc, and that they usually don't make much on gas.

 

[mr m]

I was looking to buy a gas station a while back. Most averaged between 5 -15 cents a gallon profit.

 

[Mercenary Roadie]

Gas stations are like Movie theaters, they make most if not all of their money off of the concessions/MiniMart. I have known a couple of people who have owned one them and that's what they say.

There is probably no price fixing going on up there. Down here in So. Cal if you have four gas stations on one intersection, they will all be about the same price. Here where I currently live, all of the west side stations are 10 cents a gallon more than the two on the east side of town. No rhyme or reason, it's just that way.

For Price Fixing to be happening, all of the station owners have to get together and agree on what to charge. They have claimed Price Fixing here in the state for decades and nobody has ever been able to prove it.

What you have going on there is just normal business competition. One station raises it price and the others follow.

 

[gikstar]

As I remember, a number of oil companies here in California were caught fixing oil prices back before many of you were born but it was well after the Supreme Court made Rockerfeller split up his Standard Oil Company into 34 independent companies in 1911.
I had nothing to do with it since I didn't join Standard Oil Company of California until 1965.

It is amazing how the price of gas can drop so low...

I remember in the 70's when we were restricted to odd-even days to purchase gasoline. The gas companies' profits skyrocketed.

 

[Laplandz]

You guys are lucky, in the UK we have to pay on average £1.25 per litre (around $2).that's $9 a gallon!

 

[Martyn]

You guys are lucky, in the UK we have to pay on average £1.25 per litre (around $2).that's $9 a gallon!

And it's gone down to that in recent months!

 

[Jamie]

£1.209 here now with diesel £1.249

 

[gikstar]

It seems like gas has always been expensive in Great Britain... it was that way when I was stationed in Yorkshire in the 60's. Is it caused by ultra high taxes on gasoline?

 

[seedubya]

Yes, same here in Ireland.

 

[Laplandz]

It seems like gas has always been expensive in Great Britain... it was that way when I was stationed in Yorkshire in the 60's. Is it caused by ultra high taxes on gasoline?

our government decided it was best not to call it tax, they call it "fuel-duty" which works out more than the cost of the actual fuel!

Oh, they then go ahead and put V.A.T. (20%) on top of that. so essentially we're taxed twice, except fuel-duty acts as a tax-stealth-ninja called Norman dressed in a blue suit wearing a red tie and green shoes, he's only stealthy because we ignore him

 

[brandonkick]

I'd really like to see the public transportation sector grow in my area. If there were semi frequent bus routes then I'd have no problems using the bus instead of a car. The reliance on vehicles and gasoline for myself and my fiance would be greatly reduced.

A brand new truck is upwards of 40K these days, and gas is still over $3.20 a gallon in my area. I'd much rather use a bus pass.

 

[scott00049]

As I remember, a number of oil companies here in California were caught fixing oil prices back before many of you were born but it was well after the Supreme Court made Rockerfeller split up his Standard Oil Company into 34 independent companies in 1911.
I had nothing to do with it since I didn't join Standard Oil Company of California until 1965.

It is amazing how the price of gas can drop so low...

I remember in the 70's when we were restricted to odd-even days to purchase gasoline. The gas companies' profits skyrocketed.

I remember that. The lines would go down the street and around the next corner. It was ridiculous. Thank you Jimmy Carter...at least that's who I remember was being blamed, since he ****** of the Ayatollah's by sheltering the Shah. Genius!!! Iran has hated us ever since.

-Scott

 

[Galdorf]

Funny an investigation started people were collecting proof for price fixing all of a sudden prices dropped by 20 cent liter coincidence i think not.

 

[Galdorf]

Lol investigation stalled prices are going up not down , price of oil and gas still dropping, news says prices at pump should be going down here it is going up same goes for diesel price fixing is so obvious independent gas stations are 17 cents cheaper, outside of city its is as much as 30 cents cheaper and is further away.

 

[YeOldeStonecat]

Gas, Booze, Tobacco products.....things people purchase in huge quantities that are outrageously expensive due to tons of price fixing and mysterious taxes from multiple parties.

That said...I still drink/smoke a lot, and drive a very thirsty HEMI powered truck that gets into single digits mileage when I floor it (which is very often).

 

[Markverhyden]

Not sure about Canada but price fixing is tough to prove. They have to prove collusion amongst competitors which requires insider knowledge.

I've seen/heard of all kinds of reasons for one place having higher prices than others. One of them is how the fuel is delivered. My parents retired in Pinehurst, NC. My Dad frequently complained about how high the fuel prices were/are vs the Raleigh area. He found out that there are no pipelines in the area so the fuel has to be trucked in from a distance.

 

[Galdorf]

Lol as i wrote the post the other day gas here jumped another 15 cents a liter no pipelines in places with cheaper gas everything here is trucked they are further away so no idea why it is so much cheaper.

 

[ohio_grad_06]

I remember a few years ago 2 stations in the small town we lived in getting gas, I remember dad when asking about the prices. Because one of the stations would always jack their price up and then the other would follow. Dad asked once why that was I think and an employee told him the owner's had a contact or understanding that if one of them went up that within 24 goes the other would as well.

We actually started going out of our way to about getting gas at the one who would always raise prices first. But small town only so many places to get gas what are you going to do?