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Sunday, May 14, 2017

What's Up With This?

If oil is $46.25 per barrel, why are we still paying $2.20+ per gallon which is what it cost when it was $57.00 per barrel? Last time it was this price we were paying $2.03 per gallon.

Distributor: Eagle Express.

Are they ripping us off here on the Shore? Think about it!


22 comments:

Anonymous said...

summer blend is more expensive then winter blend.

Anonymous said...

Yeah, right 333. That's a good excuse.

Anonymous said...

I am not an expert so I am just guessing here. Since these are crude prices it probably takes time to refine and ship to the stations. It was $56 a month ago so are we using gas that was crude a month ago

Anonymous said...

Summer blend does use different fuel additives than winter. We also need to take into account supply and demand

Anonymous said...

Oil company monopoly.

Anonymous said...

3:38:
I'm no expert either, but I do drive by at least a dozen gas stations on my way to work everyday.
If that is true, why is it that when crude prices go up, the price of gas goes up almost immediately - sometimes the following day?
When prices tank, it takes weeks (if ever) for the price to go down.
Seen this hundreds of times!

Anonymous said...

It is $2.07 a gallon in Edgewater according to gasbuddy. $2.02 in Richmond, Va.

Anonymous said...

Lag time.

Anonymous said...

In the gasoline business you make your money on the way down.

Anonymous said...

BS when a barrel spikes it goes up the same day ....When a barrel goes down it takes Weeks to go back down...this is owner gouging.

Anonymous said...

Barely goes down but when oil goes up overnight gas prices rise.

Anonymous said...

If you don't like the price don't buy any or go elsewhere.

Anonymous said...

South seems to be a little cheaper....DC area is higher....Northern Delaware about the same as here.....THEY ARE RIPPING EVERYBODY OFF!!!

Anonymous said...

My children, the end times are near. Obama's puppet masters, the teleprompter controllers, and the liberal deamons are here to take control for the reptilian demon aliens. Obama's reptilian brain chip told him to weaken the country for this momen

Anonymous said...

Wawa sets the price in Salisbury and surrounding area.
Where they aren't in control, it is Royal Farms.

The small guys follow the big guys.

They price it to make profit.
As do all other retailers.

No secrets here.

Zorro said...

He voted for Hillary.....what do you expect?

Zorro said...

Take your prescription opiates, and leave us alone. You probably attend the Unitarian Church on Old Ocean City Road, where most take prescription opiates

Anonymous said...

Just like a prostitute....makes money when going down.

Anonymous said...

$2.16 in Snow Hill today

Anonymous said...

I also think part of the problem is that our dollar is not worth as much as it was pre-2008. Quantitative Easing really screwed the value of our money.

Anonymous said...

I don't care what oil costs. I care what gas costs.

Bob Aswell...NOT FOOLED BY THE BULLSH%^&ERS said...

3:33 You are such a spaz. People like you that stand for this madness are the same ones that vote a straight Democratic ticket because they're un-willing to face reality. I hauled gasoline and propane part-time for Kellam Energy for 14 years because I needed the money. I learned what a rotten group of individuals the petroleum industry is. You're dead wrong in thinking Summer is the additive time for gas because with the onset of 'No Lead Gas' and the introduction of Ethanol, additives or formulas for performance have to be added in cold weather to make a more efficient burn rate. This deal about additives are all VooDoo drummed up by wholesalers such as Cato Inc. who know the prime driving time is SUMMER. If they hold the price UP their bottom line is phenomenal thanks to rubes who think like you.
Cato has the Goose Creek stores and now ALL the Gordy marts. How much do you think ten cents increases their profit.
If you don't think I know what I'm talking about look at the stock streamer on Fox Business News until it rolls around to commodities and see under RBOP for gas is today.(Rack Bulk Offering Price)I think you'll see it is $1.559. Bob Aswell... NOT FOOLED BY THE BULLSH%^^&ERS