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pwb

(11,291 posts) Thu Dec 6, 2018, 04:04 PM Dec 2018

Gasoline should be near $2 a gallon even in high tax states?

Right now it is $1.44 cents a gallon wholesale. Big oil or retailers are making big money off of us right now and have been for a few weeks. Usually 60 cents is added to the wholesale price in my state and retailers are still selling today at $2.57 a gallon. Historically this has been the breakdown where I live.

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Gasoline should be near $2 a gallon even in high tax states? (Original Post) pwb Dec 2018 OP
Might have something to do with Qatar leaving Opec? Doremus Dec 2018 #1
It's more to do with commodity prices verses retail prices. pwb Dec 2018 #2
OPEC also can't come to an agreement... OneBlueDotBama Dec 2018 #3
It is 3.49 a gallon here. onecaliberal Dec 2018 #4
Not me I have a electric car. rockfordfile Dec 2018 #5

pwb

(11,291 posts)
2. It's more to do with commodity prices verses retail prices.
Reply to Doremus (Reply #1)
Thu Dec 6, 2018, 04:11 PM
Dec 2018

Qatar would be more of a long term effect.

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OneBlueDotBama

(1,385 posts)
3. OPEC also can't come to an agreement...
Reply to pwb (Original post)
Thu Dec 6, 2018, 04:29 PM
Dec 2018

on cutting production... other members are way pissed at Saudis for cranking up production, thus causing an oversupply and low prices.

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