1. Advertising
    y u no do it?

    Advertising (learn more)

    Advertise virtually anything here, with CPM banner ads, CPM email ads and CPC contextual links. You can target relevant areas of the site and show ads based on geographical location of the user if you wish.

    Starts at just $1 per CPM or $0.10 per CPC.

Retail price of Gasoline?

Discussion in 'General Chat' started by aadira, Jul 18, 2017.

0
  1. #1
    Hi friends,
    What are the factors that decide the retail price of Gasoline?
     
    aadira, Jul 18, 2017 IP
  2. hiuufji

    hiuufji Well-Known Member

    Messages:
    228
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    105
    #2
    • The cost of crude oil
    • Refining costs and profits
    • Distribution and marketing costs and profits
    • Taxes
     
    hiuufji, Jul 18, 2017 IP
  3. mmerlinn

    mmerlinn Prominent Member

    Messages:
    3,197
    Likes Received:
    818
    Best Answers:
    7
    Trophy Points:
    320
    #3
    Supply and demand.

    Summertime prices tend to go up because more people are traveling, so the demand is greater.

    Harsh winters also cause gas prices to go up because both heating oil and gas are made from the same crude. So, if winters are harsh, more heating oil and less gas is made from the crude causing the supply of gas to be short.
     
    mmerlinn, Jul 18, 2017 IP
  4. jrbiz

    jrbiz Acclaimed Member

    Messages:
    6,067
    Likes Received:
    2,620
    Best Answers:
    2
    Trophy Points:
    570
    #4
    @hiuufji and @mmerlinn have defined the "global" dynamics of retail gasoline pricing. However, there are also local issues that affect price. For example, I live in Rhode Island but am right next to the Massachusetts border. RI has higher gasoline taxes, so most days, I will save about $.15 per gallon by buying it in MA. Further, there are several gas stations in my town in RI. The one right off a highway exit ramp charges about $.25 per gallon more than a gas station a mile away in the same town. Additionally, there are two gas stations right next to each other in another section of town. Due to their competitive situation, they often have the lowest gas prices in town.
     
    jrbiz, Jul 18, 2017 IP
  5. aadira

    aadira Banned

    Messages:
    3
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    21
    #5
    Which countries are the largest producers of natural gas?
     
    aadira, Jul 20, 2017 IP
  6. malky66

    malky66 Acclaimed Member

    Messages:
    3,997
    Likes Received:
    2,248
    Best Answers:
    88
    Trophy Points:
    515
    #6
    Stop asking us to do your homework for you.
     
    malky66, Jul 20, 2017 IP
    mmerlinn, Smyrl and sarahk like this.
  7. sarahk

    sarahk iTamer Staff

    Messages:
    28,651
    Likes Received:
    4,486
    Best Answers:
    123
    Trophy Points:
    665
    #7
    You came to an internet marketing forum to ask that?
    You know natural gas isn't a digital product, right?
     
    sarahk, Jul 20, 2017 IP
  8. aadira

    aadira Banned

    Messages:
    3
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    21
    #8
    What are the different categories of Oil found worldwide?
     
    aadira, Jul 21, 2017 IP
  9. malky66

    malky66 Acclaimed Member

    Messages:
    3,997
    Likes Received:
    2,248
    Best Answers:
    88
    Trophy Points:
    515
    #9
    Bot alert!!
     
    malky66, Jul 21, 2017 IP