Gas Price Defy Basic Economics

[rockmom]

$2.79 as I drove through Hardinsburg tonight.

[Jumper_Dad]

E-Town $2.67 Today WOW!!!!

 

Kentucky Gas Prices - Find Cheap Gas Prices in Kentucky

 

E-Town prices dropped .02 cents today...now sitting at $2.65

[Jumper_Dad]

A lot of NKY is sitting in the $3.49-3.69 range... .80 to $1.00 higher than E-Town

[LIPTON BASH]

A lot of NKY is sitting in the $3.49-3.69 range... .80 to $1.00 higher than E-Town

 

Greater Cincy area has always been higher than most the region. If I had to guess it has to either do with taxes or regulations on type of gas used.

[woodsrider]

Does Jefferson still have to use special formulated gas mandated by the EPA? And if I remember the changeover period caused higher prices in fall and spring.

Almost has to be local taxes.

[woodsrider]

E-Town prices dropped .02 cents today...now sitting at $2.65

Was $2.92 this morning in henderson, not sure what it is now. Been laid up in the house most of the day with a messed up back.

[frankdracman23]

Was 2.99 in Cincy as late as Saturday (10/11) afternoon. Same place now at 3.11 on Wednesday (10/15) after article in paper says gas prices will fall thru Thanksgiving. Go figure.

[BaseballIsLife]

Was $2.89 in Sonora, KY last Sunday and its currently $2.99 here in Bowling Green.

[BaseballIsLife]

Was 2.99 in Cincy as late as Saturday (10/11) afternoon. Same place now at 3.11 on Wednesday (10/15) after article in paper says gas prices will fall thru Thanksgiving. Go figure.

 

Zero chance that gas prices will fall on a major holiday where many people will be traveling to visit their families and relatives. If anything, they will rise.

[rjs4470]

So why is it still 3.15 in half of Cincy with oil down 20 dollars?

 

It seems that pricing in Cincy has been higher than elsewhere. That being said, it's 3.15 now, and it was .20-.30 higher just a few weeks ago. So it has been dropping in tow with the other areas, it just had a higher starting point. As to specific reasons as to why it's higher......that I don't understand.

[BaseballIsLife]

It seems that pricing in Cincy has been higher than elsewhere. That being said, it's 3.15 now, and it was .20-.30 higher just a few weeks ago. So it has been dropping in tow with the other areas, it just had a higher starting point. As to specific reasons as to why it's higher......that I don't understand.

 

Having grown up in NKY, I was always told when I was younger that gas prices up there were more expensive than other places by 20-30 cents because of the fuel additives they had made. Alas, I actually never tried to actually confirm this. Is this claim true?

[ColonelCrazy]

Having grown up in NKY' date=' I was always told when I was younger that gas prices up there were more expensive than other places by 20-30 cents because of the fuel additives they had made. Alas, I actually never tried to actually confirm this. Is this claim true?[/quote']

 

I'm regularly on both sides of the river & Ohio is always cheaper. Sometimes it's only by a few cents,sometimes it's by $0.20.

[John Anthony]

It seems that pricing in Cincy has been higher than elsewhere. That being said' date=' it's 3.15 now, and it was .20-.30 higher just a few weeks ago. So it has been dropping in tow with the other areas, it just had a higher starting point. As to specific reasons as to why it's higher......that I don't understand.[/quote']

 

Gouging.

 

I go to Sams and they don't gouge, they charge a tad over what they pay for gas, or sell for what they pay. Whenever gas prices are at fair market value the regular stations are usually 5-10 cents more than Sams. When there 25-35 cents more that's gouging.

[rjs4470]

Gouging.

 

I go to Sams and they don't gouge, they charge a tad over what they pay for gas, or sell for what they pay. Whenever gas prices are at fair market value the regular stations are usually 5-10 cents more than Sams. When there 25-35 cents more that's gouging.

 

I've had it explained to me before, but I could never understand why gas is one price in one area, and say .20 cents higher a couple miles away. Just where I live in NKY gas varies as much as .30 in a 5 mile radius. I've been told that the stations have to set pricing based on some sort of zoning standard set by the suppliers, but as to the nuts and bolts, and why's, I'm clueless.

[rockmom]

$2.78 tonight in Hardinsburg. I'll be going through E-Town twice on Saturday, so if I need gas and it's still as cheap as currently reported, I'll be partaking.