Jump to content

Gas Prices in E. Tenn


Recommended Posts

My question today is some what off the whole Big O and Mr. Mc race. I would really like to know why us E. Tenn folks are getting hit so hard on gas prices? I mean come on, even if they did shut down oil operations for now, we still have enough in reserve to get us though, Ike. Gas has gone up $1.50-$1.75 in 4 days. They are robbing us without a pistol at the pumps.

I have family in 3 other states and they are not seeing prices shoot though the roof. One lives as close as Va. and their gas went down a penny over the weekend and he lives on the coast. For unleaded there it's $3.69 in Knox close to, if not $5.00. So whos to blame local, state or federal gov. Like I often say I care who wins. But no matter who wins if we keep going in this direction we're screwed. So again why is gas so high in E. Tenn?????????????

Edited by big mo
Link to comment
  • Replies 37
  • Created
  • Last Reply

Top Posters In This Topic

For sure that's good to hear, but with the drop still over a dollar more than most of the US. I guess I will never understand this BS and that's just what it is BS. I would just like to know the reasoning behind the price hike around here.

Edited by big mo
Link to comment
For sure that's good to hear, but with the drop still over a dollar more than most of the US. I guess I will never understand this BS and that's just what it is BS. I would just like to know the reasoning behind the price hike around here.

Because they can.

From now on, expect this crap whenever there's a hurricane in the Gulf. Every time a depression comes off Africa the Oil companies will need tissue and lotion.

Link to comment
Because they can.

From now on, expect this crap whenever there's a hurricane in the Gulf. Every time a depression comes off Africa the Oil companies will need tissue and lotion.

I agree with you on all but one thing. We need the lotion to ease the pain as we get screwed, and the tissue to wipe away the tears.

Link to comment

Watch the news? I bet independent station owners and distributors do - and they were (like the rest of us) hearing 'refineries shut down', '$5 gallon wholesale', and 'stations out of gas'. We're in the southeast. What refineries do you suppose the local distributors buy most of their gas from? The refineries in Galveston, or the ones in north Jersey or the west coast?

You're an independent distributor, or retailer, for gas. Sure, you've got thousands of gallons in the storage tanks, but you have to charge enough to replace those thousands of gallons, plus something we like to call 'profit'. If you suddenly hear that the gas you are selling right now for $3.50/gallon is gonna cost over $5 to replace (that 'wholesale' thing) - what are you going to do? If you don't hike your price to cover your expected expenses, you'll be very popular for the day or so you still have product to sell, but then you're gonna be out of business. If you adjust your prices to fit the situation, you're a price gouger.

This past weekend - well, from Thursday night when I filled up in Norfolk, and through Sunday evening when I filled up again for my wife to return to Kingsport, I stopped at 5 or 6 stations for gas, in both TN and VA. The average I paid was 4 bucks a gallon (and the station asked that purchases be limited to 10 gallons). One station was out of regular. Considering that the wholesalers are having to find new sources, that reduced supply coupled with higher demand ("I heard the gas is going up, better get all I can before it does") inevitably leads to higher prices, I don't think we saw much real gouging. I think the most of it was a free-market reaction to real-world conditions.

There is an alternative, of course; soviet-style central economic control. Give congress more control of the petroleum market, and you will find yourself shopping for a horse and buggy.

Link to comment

I think Newport must be one of the worst areas in the state for high gas prices. Friday and Saturday gas ranged from $3.96 to $5.29! I was there today and both Food City gas stations were out of gas and closed. The prices at almost every station I saw (that had gas) was $4.49. Shell and Walmart tied for the lowest price at $4.39.

Link to comment
Guest GUTTERbOY
Gas prices here in Chattanooga are $3.99 almost everywhere. Up $1.40+ in 2 days.

Uhhh... mind sharing where you've been buying gas for $2.60? I'm assuming a typo took place in that post...

Link to comment

Thank the news media for proclaiming $5 by Friday!!!!!!!!!!!!!!!!!!!!!!!!! Started a panic buying frenzy. Then, the gas stations started raising prices. People saw the price jump $0.30 over night. Then another $0.50 while at work. And the frenzy continued.

Link to comment

A Pilot tanker driver told me today that East and middle TN did not get a order back a couple weeks ago and so with this shut off the supply did run out.He said they were bringing it in from Ohio.Also got 400,000 gallon from the gulf today.Does not excuse the station from going up the the gas that was already in there tanks.The driver said Pilot was going to get hit on the gouging.

Link to comment
I heard somewhere that Pilot was gonna get in trouble for the gouging they did....could be rumor and heresay though.

Magic, I heard that too. I hope they get kicked in the nuts. Although I doubt much happens, more than a slap on the wrist. I know right now Pilots on my sh*t list.

Link to comment

this is pretty simple. If you do not want to pay the price don't buy. If everyone would be consistent and not buy then the price would come down.

This is basic supply and demand. Some guy in another thread talked about filling up his car, his wifes car and five 5gal gas cans. So I am guessing there is a percentage of people who also did this. Plain and simple, hording is what made the price go way beyond a simple adjustment for low supply.

FWIW, the Weigles at Washington Pk and Murphy Rd had regular for 3.99 tonight.

Link to comment
this is pretty simple. If you do not want to pay the price don't buy. If everyone would be consistent and not buy then the price would come down.

This is basic supply and demand. Some guy in another thread talked about filling up his car, his wifes car and five 5gal gas cans. So I am guessing there is a percentage of people who also did this. Plain and simple, hording is what made the price go way beyond a simple adjustment for low supply.

FWIW, the Weigles at Washington Pk and Murphy Rd had regular for 3.99 tonight.

Although I agree with you in princeable, some of us HAVE to buy it at no matter what cost. I run my business out of my truck and must go when I am called. Sucks, but I have had to buy gas 4 times since Saturday.:cheers: Guess if it doesn't coem down not much I can do about it unless I can make it run on crap, there's plenty of that in Nashville and Washington.

Link to comment

Doc, You would just be buying at your normal rate.

Others who went and bought gas in amounts more than normal or frequency were who I referred to.

I remember this same thing happening after Katrina.

Reminds me of what happens when the weatherman mentions SNOW.

Link to comment
Doc, You would just be buying at your normal rate.

Others who went and bought gas in amounts more than normal or frequency were who I referred to.

I remember this same thing happening after Katrina.

Reminds me of what happens when the weatherman mentions SNOW.

LOL, ain't that the truth, they mention snow and everyone runs to wallyworld to buy every loaf of bread, gal. of milk, and other "necessary" items. My thought on this is if it so dang necessary, why don't you have them before some jackass says snow?

My sil was screaming about the gas going up, drove around for 2 hrs trying to find a pump that was working (or had gas). Hell the dumbass just ran out all the gas he had so he actually had to buy more. Stupid, stupid people.:cheers:

Link to comment

I haven't verified this yet, but I've heard the penalty for price gouging is only $1000. If Pilot jacked their rates 50 cents a gallon more than most stations....then they only had to sell 2000 gallons to make it break even. Over the weekend they probably raped drivers of more than that.

Link to comment
I haven't verified this yet, but I've heard the penalty for price gouging is only $1000. If Pilot jacked their rates 50 cents a gallon more than most stations....then they only had to sell 2000 gallons to make it break even. Over the weekend they probably raped drivers of more than that.

Seems like we've figured out where NOT to buy gas, especially when it does come down. Sadly most will forget......

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

THE FINE PRINT

Tennessee Gun Owners (TNGunOwners.com) is the premier Community and Discussion Forum for gun owners, firearm enthusiasts, sportsmen and Second Amendment proponents in the state of Tennessee and surrounding region.

TNGunOwners.com (TGO) is a presentation of Enthusiast Productions. The TGO state flag logo and the TGO tri-hole "icon" logo are trademarks of Tennessee Gun Owners. The TGO logos and all content presented on this site may not be reproduced in any form without express written permission. The opinions expressed on TGO are those of their authors and do not necessarily reflect those of the site's owners or staff.

Before engaging in any transaction of goods or services on TGO, all parties involved must know and follow the local, state and Federal laws regarding those transactions. TGO makes no claims, guarantees or assurances regarding any such transactions.

×
×
  • Create New...

Important Information

By using this site, you agree to the following.
Terms of Use | Privacy Policy | Guidelines
 
We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.