Today's Posts Mark Forums Read Calendar
Go Back   NJFBOA - Home of New Jersey's Camaros and Firebirds > Community Forums > Lounge

Notices


Reply
 
Thread Tools
Old 05-07-2011, 06:05 PM   #51
Tru2Chevy
Co-Founder / Site Admin
 
Tru2Chevy's Avatar
 
Join Date: Jul 2004
Location: Ewing, NJ
Posts: 22,473
iTrader: (8)
Social Networks:

Quote:
Originally Posted by TPI Monte SS View Post
LOL. I think it's insane how different brands can vary wildly on prices. The Exxon in my town is 4.30 for super, while the Getty station one block away is $4.10 for super. Absolutely crazy IMO. I remember when I got my license 20 years ago that gas was only a bit over $1 a gallon for super.
That is nuts, but it likely has to do with station ownership and contracts with the brand as well as location and volume. My father manages a Lukoil station, and they are lucky enough to be right off of 95 and also be the only gas station for several miles in any direction from the intersection they are on. For the last 10+ years they were under contract from Mobil, then Lukoil to buy gas only from them and because the station is in a well-off area (just south of Princeton), the company charged them more. The station owner just setup a new contract with Lukoil that allows him to purchase fuel at rack price from anywhere, which saves them quite a bit. They lowered their prices accordingly, but after a few weeks, saw no appreciable increase in volume at the pumps, so they slowly raised the rates back up a little to gain a bit more profit - still with no noticeable differences in volume.

- Justin
__________________
1999 Camry - Beigemobile DD
2002 Suburban - Wife's DD
2004 Grand Cherokee - Not running / Project / Selling?

Tru2Chevy is offline   Reply With Quote
Reply

  NJFBOA - Home of New Jersey's Camaros and Firebirds > Community Forums > Lounge

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

» Sponsor List














All times are GMT -5. The time now is 07:37 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.