Quote:
Originally Posted by gacook
Anyway, that $3.29 is a national average? Tucson, AZ is supposedly one of the lower rates in the country and it's hovering around $3.40 right now... my buddy in Cali. posted a pump price of 4.99 last week.
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The wholesale spot price in Phoenix for unleaded regular is $3.25 today, the wholesale spot price in Los Angeles for ULR is $3.07
That my friends, is what happens when California taxes are too high and some greedy station owners hold prices as high as possible as long as posssible after a price spike.
With a base of $3.07, and taxes of around 90 cents/gallon (exise and sales), and some dealers marking it up a dollar a gallon, you get $5 a gallon at the pumps.
I paid $4.16 yesterday, so if he's actually paying near $5 a gallon he needs to drive a little farther to an arco station.
BTW, in Booze-mon Montana the wholesale price is $2.66
That's what happens when you make more than you can sell.