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To: abb

So how come gas prices are so high?


12 posted on 04/20/2020 3:44:45 PM PDT by JPJones (More Tariffs, less income tax.)
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To: JPJones
Where do you live? A Blue State? There's your answer.

It's below $1.15/gal here in AL.

20 posted on 04/20/2020 3:47:32 PM PDT by backwoods-engineer (Politics is the continuation of war by other means. --Clausewitz)
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To: JPJones
So how come gas prices are so high?

They're a buck seventy-nine in central Delaware. That's less in real terms than I paid in 1969.

Don't forget, no matter how low the price of oil gets, gasoline still costs money for refining and transportation, not to mention the profit on selling it.

25 posted on 04/20/2020 3:56:41 PM PDT by Mr Ramsbotham ("God is a spirit, and man His means of walking on the earth.")
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To: JPJones

“So how come gas prices are so high?“

I don’t know why but gas prices always jump immediately to reflect rising prices in oil and then go down very slowly over weeks as retailers must be fighting to keep profits as high as possible.


31 posted on 04/20/2020 4:03:50 PM PDT by wmarshalllives3 (Free people always face censorship)
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To: JPJones

“...So how come gas prices are so high?...”
-
They ain’t.


33 posted on 04/20/2020 4:05:04 PM PDT by Repeal The 17th (Get out of the matrix and get a real life.)
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To: JPJones

Because gas is already processed, barrels of oil are the raw material. Gas prices reflect the price after refining the oil already taken from the ground months ago


57 posted on 04/20/2020 5:18:29 PM PDT by stockpirate (Anyone who believes Epstein killed himself is a fool, and the DNC wacked Seth Rich)
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To: JPJones

Blue states tend to slap tax after tax on gas. So even if the price of gasoline drops to near zero, it will still be around $2 a gallon in blue states like Connecticut, New York, New Jersey...


68 posted on 04/21/2020 4:51:24 AM PDT by SamAdams76
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