[AT] possibly OT scrap prices---Wally gas

[Richard Fink Sr]

Charlie you should see here in PA where sheetz main office is. There 
gas will change about 10 cents a gallon in a 13 mile distance. From 
Altoona to Patton there is always at least 5 cents a gallon 
difference. Difference in distance from where they pick up is about 5 
miles. [ Go figure]
R Fink
PA



At 12:10 AM 10/2/2008 -0400, you wrote:
>David,  I agree that $5.00 was a bit high but I'm going to defend the
>actions of some of the stations on the day of the storm.  The store near my
>house went from $3.79 to $4.39 in 1 hour.  He never ran out of gas and
>didn't have any lines.  Others in town went up to about $4.  and had lines
>out in the street and lots of problems.  It happens that I was working for
>an oil jobber that day.  His driver told me that the price at the terminal
>that morning jumped to $4.15 wholesale to the jobbers.  That doesn't include
>the hauling, the 44 cents of NC and US tax or any overhead or profit.  So
>$4.39 really wasn't out of range.  In fact if he hadn't had some gas already
>in his tanks he would have been loosing money at that price.  By the end of
>the day he had cut his price back to $4.29 and then the next morning to
>$4.19.  The folks that kept selling cheap on the storm day sold out and then
>were selling at about $4.20 or so when they got another load.
>
>I think that the guys that raised the prices helped to stop the panic buying
>and made it possible for folks that have to have gas on a daily basis to
>still get some instead of having all of it packed in the tanks of old ladies
>who don't burn a tank a month.
>
> >From what I hear the reason that some stations here in eastern NC 
> don't have
>gas today isn't because they can't get it but because they don't have a
>contract price locked in and can't compete with the guys that do.    They
>don't want to pay $4.00 + and put it in their tanks to sit there while their
>competitors sell at $3.60.  That is what the folks at Sheetz stores told our
>local news folks concerning their new store in Greenville NC.