"Each of these independent businesses is responsible for setting the local retail price of gasoline."
That isn't true. Back in the day when I was young and had a life I worked for several companies that shall remain nameless. This is how local prices are set - Every morning before coming in, either the manager or the assistant store manager would check the prices of their two closest competitors. They sent their prices to the store's home office. A few minutes later home office sent back the prices the fuels needed to be that day. The amount was always a penny more or a penny less or the same price as the other stores. The other stores did the same thing and checked their competition with the same results.
It also impacted how much profit a store could make per gallon of fuel sold. You didn't know how much your fuel order would cost from day to day. It usually worked out that the store sold fuel for the same price at the pump that it paid to get the fuel. A store made money on the things it sold besides fuel. Soda, beer, chips and tobacco were the money makers. And anything sold in the store had to come from approved vendors who had to charge what their home office said to. This was not the case with small private stores that didn't advertise what brand of gas they had. They could do some black market fuel purchases and beat their competition. If they did it too often their store or the tanks themselves began to have "problems".
It is all a rip off. When prices started to go up ALL the fuel vendors had to agree on it. No one could go rogue. A manager I had once tried an experiment. She raised her gas prices by ten cents. Her excuse was a simple typo. The very next shipment of fuel that came in was priced ten cents higher to make up for the store gain. It's all rigged and has been for at least the last 40 years.
Could be but in my home town, the owners would have a discussion every Monday morning on what the prices for the week would be. My dad refused to be a part of it.
Not firm power? GTFO.Alternative energy is completely viable. The GOP has been stomping on any substitute for big oil since the time of St Ronnie. It’s time we turn off the subsidy spigot to the clowns who are paying for your weak trolling.
Ethanal production (outside of using agricultural waste) cuts into food production. When GW Bush raised ethanol subsidies in 2008 it caused a spike in grain prices worldwide.
Firm power is a term of art; it means the power is available at all times. So wind and solar are not firm, unless there is a storage backup, which about doubles the cost, which, in turn, is why there is close to zero firm power based on solar or wind. Hydro used to be thought of as firm but people out west are havig to reassess that.
Then there's wave power. A complete disaster. Cellulosic ethanol.Likewise. Garbage. Pretty firm but pretty dirty.
My family history says that I have about 2 more decades to live. I'll bet $100 that I die before he shows up at the Hague, although I'll celebrate if he does.
The cake trimmings dipped in leftover raspberry syrup were divine. I'm going to jar up the little bit of syrup that's left, hopefully I'll be able to find a use for it.
Crush economic mobility and social mobility goes with it. The endgame is for the Poors to be like consumerist 'veal': stay in place, create value for passive investors, die when that value fades.
"Each of these independent businesses is responsible for setting the local retail price of gasoline."
That isn't true. Back in the day when I was young and had a life I worked for several companies that shall remain nameless. This is how local prices are set - Every morning before coming in, either the manager or the assistant store manager would check the prices of their two closest competitors. They sent their prices to the store's home office. A few minutes later home office sent back the prices the fuels needed to be that day. The amount was always a penny more or a penny less or the same price as the other stores. The other stores did the same thing and checked their competition with the same results.
It also impacted how much profit a store could make per gallon of fuel sold. You didn't know how much your fuel order would cost from day to day. It usually worked out that the store sold fuel for the same price at the pump that it paid to get the fuel. A store made money on the things it sold besides fuel. Soda, beer, chips and tobacco were the money makers. And anything sold in the store had to come from approved vendors who had to charge what their home office said to. This was not the case with small private stores that didn't advertise what brand of gas they had. They could do some black market fuel purchases and beat their competition. If they did it too often their store or the tanks themselves began to have "problems".
It is all a rip off. When prices started to go up ALL the fuel vendors had to agree on it. No one could go rogue. A manager I had once tried an experiment. She raised her gas prices by ten cents. Her excuse was a simple typo. The very next shipment of fuel that came in was priced ten cents higher to make up for the store gain. It's all rigged and has been for at least the last 40 years.
I'll ask the frau for a pair of copper pot stills for my birthday.
Oh, jeez, I hope you're okay!
Never say never.
Could be but in my home town, the owners would have a discussion every Monday morning on what the prices for the week would be. My dad refused to be a part of it.
Not firm power? GTFO.Alternative energy is completely viable. The GOP has been stomping on any substitute for big oil since the time of St Ronnie. It’s time we turn off the subsidy spigot to the clowns who are paying for your weak trolling.
Ethanal production (outside of using agricultural waste) cuts into food production. When GW Bush raised ethanol subsidies in 2008 it caused a spike in grain prices worldwide.
Firm power is a term of art; it means the power is available at all times. So wind and solar are not firm, unless there is a storage backup, which about doubles the cost, which, in turn, is why there is close to zero firm power based on solar or wind. Hydro used to be thought of as firm but people out west are havig to reassess that.
Then there's wave power. A complete disaster. Cellulosic ethanol.Likewise. Garbage. Pretty firm but pretty dirty.
Can we have a windfall profit tax now? K thanks
That seems bad for all of us!Maybe eventually; but think of all the shareholder value that will be created until then!
My family history says that I have about 2 more decades to live. I'll bet $100 that I die before he shows up at the Hague, although I'll celebrate if he does.
The cake trimmings dipped in leftover raspberry syrup were divine. I'm going to jar up the little bit of syrup that's left, hopefully I'll be able to find a use for it.
If you turned up tomorrow you could have the finished article.
"Each of these independent businesses is responsible for setting the local retail price of gasoline."
And what? The gas fairy just magically refills their tanks?
No, they buy gasoline from the big oil companies and when they raise their prices, it’s usually because Exxon or Shell had raised theirs.
Yeah, I doubt he will either. Doesn't mean he dies at home in bed, but we still need to document everything.
Crush economic mobility and social mobility goes with it. The endgame is for the Poors to be like consumerist 'veal': stay in place, create value for passive investors, die when that value fades.