what's the deal with gas prices?

Post by **bitWISE** » Thu Sep 14, 2006 2:47 am

$1.99 at one station in town supposedly

Post by **shaft** » Thu Sep 14, 2006 3:30 am

Post by **Ryoki** » Thu Sep 14, 2006 7:50 am

Just over $6 a gallon, if my calculations are correct.

Post by **busetibi** » Thu Sep 14, 2006 7:58 am

Fender wrote:$2.10 here for cash
$2.15 for credit

edit: Akron, OH

you pay an extra 5c if you pay with a credit card?
wtf??
edit: petrols down to A$1.09 per litre here atm (regular)
last week it was A$1.34
dont really matter what price it is, if you need it you'll pay what ever the twats say you'll pay

Post by **Fender** » Thu Sep 14, 2006 11:14 am

busetibi wrote:you pay an extra 5c if you pay with a credit card?
wtf??

There are a couple of stations near me that don't take debit/credit, cash only. They are usually about 5c cheaper. Typically, a merchant has to pay 3% of the total transaction to MasterCard or Visa, especially small merchants, like mom'n'pop gas stations. So, if a gallon is $2.15, they'd normally pay about 6c per gallon to the CC company. By taking cash only, they pass that savings on to the consumer and sell higher volumes.

Post by **bitWISE** » Thu Sep 14, 2006 12:20 pm

Fender wrote:
busetibi wrote:you pay an extra 5c if you pay with a credit card?
wtf??
There are a couple of stations near me that don't take debit/credit, cash only. They are usually about 5c cheaper. Typically, a merchant has to pay 3% of the total transaction to MasterCard or Visa, especially small merchants, like mom'n'pop gas stations. So, if a gallon is $2.15, they'd normally pay about 6c per gallon to the CC company. By taking cash only, they pass that savings on to the consumer and sell higher volumes.

Every station I've seen along the freeway charges 5c extra for diesel on credit too.

Post by **Freakaloin** » Thu Sep 14, 2006 12:22 pm

lol...low gas prices=elections...