Some gas stations use low prices to try and draw you into the convenience store. It's like going to a grocery store that has milk cheaper than anywhere else in town. They hope you'll buy something else that's marked up to make up for the loss.

@mpgomatic

6 жыл бұрын

Yep! Big profit margins inside. Also too much sugar. =)

We folks in Philly just go to Jersey for cheaper gas and full-service, as you know.

Lol I wish we still had those prices, $5 to $6 a gallon now

I think convenience is one of the biggest factors. A gas station located in a busy intersection but is still fairly easy to drive into will likely see more business than one where you have to do a U-turn or drive 5 miles to get to. Just like you could make your own hamburgers at home, and likely for much less, but people will still go to McDonalds/Wendys/Burger King because they don't have the time or patience to cook and prep the burger.

I thought it was 5% sense and 95% greed

@mpgomatic

6 жыл бұрын

Greed has a whole lot to do with it, I'd reckon.

I loved your video on the Sparco R100 seats. curious how they are holding up, and what you think of them years down the road. Great Channel BTW!!

@mpgomatic

4 жыл бұрын

Thanks, Joel! The Sparco’s seat foam and fabric cover have not held up well. Last time I checked, there were no replacement covers or foam offered, but it’s been a while. They are what they are: inexpensive seats that look cool. I’d like to rebuild them with custom covers, at some point.

Very enjoyable video. People always ask me why I drive so freaking slow. I just tell them I don't work for the oil companies.

@mpgomatic

6 жыл бұрын

Thanks, Johnny! Like Popeye said, "oil's well that ends well!"

I look for certain areas where it is maybe 10 cents less and fill up there. Thank God I don't need no stinkin' premium in my car, the price difference is quite a bit, specially in a big truck or SUV

In the town where I used to live, the ARCO station always had the lowest prices and the Chevron station across the street charged about 20 cents a gallon more. I always filled up at the ARCO station, but the Chevron station often looked just as busy. I never understood it. Maybe it has to do with credit card acceptance and points programs?

@mpgomatic

6 жыл бұрын

Not Rappaport Just because they can?

I care - I fill up at Costco very often. They are without doubt the cheapest in our area. And we go there every week. I don't advocate driving out of the way to fill gas cheaper by 5 cents.

@mpgomatic

6 жыл бұрын

Dongi Costco leads the pack here in CNJ. I need to renew my membership …

It's based on rack pricing, how much and what price they bought their gas, how much they have left in their tanks and how much gas is predicted to rise or fall and other variables too.

@mpgomatic

6 жыл бұрын

Could we call it a racket? =)

Around here, the better neighborhoods have the highest gas prices and also the ones near the highways. You see that a lot in the interstates, the stations right near the exit are way higher and many times, they "ran" out of regular, you are forced to buy premium.

@mpgomatic

6 жыл бұрын

Ouch! The running out of regular trick goes right to their bottom line … and out of our pockets.

@pedrofernandez3893

6 жыл бұрын

The type of gas station/store that reminds you of Deliverance.

@mpgomatic

6 жыл бұрын

pedro fernandez Are there banjo players up in the trees? 😂

@pedrofernandez3893

6 жыл бұрын

And plenty of folks with missing teeth!

with 30 dollars a barrel gas should be under a dollar

Ah! Reviewing my new car next! Nice!!

@mpgomatic

6 жыл бұрын

darexdarex It’s awesome! 👍🏻

@darexdarex

6 жыл бұрын

MPGomatic I agree. Even I was surprised how much better it is than the F56 Hardtop I came from . Everything is stronger, better and faster. It's only superficially similar. The price tag is totally justified, in my opinion, and in versatility (space and comfort), it's in a completely different world.

Hmmm, have I ever stopped to wonder why gas is so expensive? No, not really. On a serious note though, I have noticed a big price difference between a couple of places. A "highway" services I sometimes stop by and use their charger while I grab something to eat, has their petrol, or gas, at £1.32.9 per litre. The supermarket that I use, less than a mile off this "highway", has theirs at £1.12.9 per litre. That's a vast, yawning chasm of a difference.

@mpgomatic

6 жыл бұрын

I want to cover Rancho Indebto's roof with solar panels and use an inexpensive off-lease EV as a runabout/home battery backup system.

@ianlorenc

6 жыл бұрын

I want solar too; it's kind of on the back burner at the minute. Wow, early Leafs are cheaper than Mitsu i-MIEVs, who'da thunk it? $5.5k vs $7.5k

Maybe it cost more money to deliver like Sunoco or something or other one man owned gas stations charge what they want don't know how it works with gas and what's involved in taxes and stuff. could be what company delivered their gas to them who knows.

@mpgomatic

6 жыл бұрын

Decepticon Leader It’s mysterious. I will find the answers … eventually …

My Yaris maxes out at $25 for a week's worth of gas. You gotta love it!

@mpgomatic

6 жыл бұрын

Awesome!

I used to complain about gas prices up here in Massachusetts. Then I spent a week in Iceland. Even with a VW Polo getting 45 mpg, I think I spent nearly 150-180 dollars on gas. In 8 days...

hay, you have anymore of the "burn rubber not gas" stickers? they're a few years old so just wondering

@mpgomatic

6 жыл бұрын

donald tucker I might have some hanging around, somewhere. I’ll dig through the office and see if I can turn any up. I’ve been thinking about making some new ones. Stay tuned …

@mpgomatic

6 жыл бұрын

I found a short stack - both round and oval! :) Which style?

@donaldtuc

6 жыл бұрын

The oval one please

There was a gas station that was charging a very high price for gas. No one went there. We all went to the place that was cheaper across the street. The stupidity, no business

@mpgomatic

6 жыл бұрын

I try to understand why they price so high? Do they not want to be bothered with pumping gas unless they can make a huge profit on every gallon?

@epicgo0se

6 жыл бұрын

MPGomatic minimum pricing is generally regulated by the company. Even if a franchisee wanted to sell it cheaper as far as I know they cannot as part of their agreements. Basic market rigging and artificial inflation. They all do it.

@mpgomatic

6 жыл бұрын

How do stations get away with charging a huge differential, though? Are they largely just dependent on uninformed consumers?

@epicgo0se

6 жыл бұрын

MPGomatic they are subsidised by the parent company in most cases. This pricing type is typical for liberalized fuel markets. In countries with such markets the state intervention is limited to establishing terms and conditions that promote market transparency and free competition. Fuel retailers set their selling prices freely without major restrictions however fixing definitely takes place in order to keep the organisation profitable as a whole. It's not uncommon for a distributor to run at a subsidised loss in very remote areas just to have a face in the market. It's hard to explain and I don't understand all of it myself but there is a lot of info on this online. Hope if nothing else I could point you in the right direction.

@mpgomatic

6 жыл бұрын

+Go0se Great stuff, Go0se! I will dig into this when I have time. It’s amazing that it still goes on today, with pricing information so freely available from GasBuddy. Sixty cents per gallon adds up to a lot of dough.

I just asked the wife today .. “when did that go up”

@mpgomatic

6 жыл бұрын

+samsacre Any chance they can, they do.

Oh god I hate these old Russia gasoline trucks they just like to eat ur money

here before 50 comments and 500 views

Why have the music compete with your voice?

@mpgomatic

6 жыл бұрын

lowspeed Thanks for the feedback! I should’ve set the level lower. That’s what I get for editing without headphones. 😬