With oil prices in decline there won't be a price hike at the pump. Gasoline prices are tied

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Posted by Road Warrior (A) on October 14, 2014 at 11:51:49

In Reply to: RE: Nice! posted by genungo on October 14, 2014 at 04:18:20:

to oil prices like the cost of ground coffee is tied to the price of coffee beans' wholesale prices. There is some but not a whole lot of wiggle room when, for example, oil costs $2.20/gallon (on $90 oil cost to the refinery), and you have to add in $.40+/gal for state and fed taxes at the pump, add refinery margin to cover refinery costs and profit, more add ons for transportation costs to wholesalers/their costs and profits/ transportation to retailers and their costs and profits.....
(FTR, I know oil is refined into more and less profitable products than just gasoline :) )

I wonder what the half life of this thread is??
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Follow Ups Full Thread

Topic - Nice! - Awe-d-o-file 11:54:24 10/13/14 (9)

RE: Nice! - genungo 04:18:20 10/14/14 (4)

With oil prices in decline there won't be a price hike at the pump. Gasoline prices are tied - Road Warrior 11:51:49 10/14/14 (3)

RE: there won't be a price hike at the pump - genungo 13:35:06 10/14/14 (2)

I shoud have said, "Without a rise in oil prices, no appreciable rise in prices at the pump) Thr - Road Warrior 14:29:11 10/14/14 (1)

RE: I shoud have said, "Without a rise in oil prices, no appreciable rise in prices at the pump) Thr - Inmate51 08:47:07 10/16/14 (0)

They got that beat down in Baton Rouge - Road Warrior 14:11:48 10/13/14 (0)

RE: Nice! - Mike B. 12:46:02 10/13/14 (0)

RE: Nice! - 6bq5 12:02:55 10/13/14 (1)

RE: Nice! - Awe-d-o-file 12:28:13 10/13/14 (0)

Follow Ups

With oil prices in decline there won't be a price hike at the pump. Gasoline prices are tied - Road Warrior 11:51:49 10/14/14 (3)

RE: there won't be a price hike at the pump - genungo 13:35:06 10/14/14 (2)

I shoud have said, "Without a rise in oil prices, no appreciable rise in prices at the pump) Thr - Road Warrior 14:29:11 10/14/14 (1)

RE: I shoud have said, "Without a rise in oil prices, no appreciable rise in prices at the pump) Thr - Inmate51 08:47:07 10/16/14 (0)

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