After noting here on CU yesterday that I'd paid the low, low price of $2.97/gallon for gasoline in the Farmington Valley yesterday, I passed several Citgo stations throughout the region surrounding New Britain down to Cheshire, CT, and noted that their prices had also been dropped.
Maybe it wasn't the location, specifically, then, but some bizarre time-related anomaly that I happened to catch onto. (Recall that the price at the same station dropped $.02 in a matter of 3 hours, too.) Some Citgos are charging $2.93 now, and $2.89 with a cash-only discount.
I wonder what effect this will have on Scott Saunders, Republican candidate for state representative, whose main platform issue seems to be a need for a gas tax cap.
Subscribe to:
Post Comments (Atom)
2 comments:
the gas in those gas stations, regardless of the brand, comes from the same gas truck, or in some places, the same gas shipment shipped by varying trucks.
it's all the same gas. new delivery means new prices to a small region, because it all cost them the same amount.
Although the gas may come from the same pipeline and/or the same truck, depending on the supplier, the prices may be different. Certain smaller suppliers who have independent dealers (vs. say large "chain" gas stations) may set a minimum price per load on their independent dealers that is higher than the "chain" gas stations. Thus, smaller, independents are going to by default have to charge higher prices in order to make the same capital gain. Also, some very very independent dealers (i.e. "Mom and Pop" stores, who you don't see much of any more) may even pay per load and shop around for dealers, trying to get the cheapest price, because they do not have a set dealer, and therefore do not have a set minimum price. However, this often means they also have to mark their price up a little higher than the chain stores in order to make a minimum profit. The chain stores will often make more profit in their food sales (coffee, etc.) than they do in the gasoline, they just use the gas to lure people into their sales.
Post a Comment