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Author Topic: Gas Prices and the holidays Back to Topics
missmollymnMN
Rookie Author
Minnesota

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Message Posted: Nov 26, 2013 11:18:15 PM

Why do we let the oil companies screw us before every holiday?
The American motoring public should boycott a certain company till they stop this practice. Or cut back on the miles we drive.
REPLIES (newest first) Post a Reply
xbAG
Champion Author California

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Message Posted: Feb 23, 2015 10:39:01 PM

OK
Sprinter316
All-Star Author Atlanta

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Message Posted: Feb 23, 2015 12:05:50 AM

Sure
JohnCur
All-Star Author New Jersey

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Message Posted: Jan 12, 2015 1:15:27 AM

ditto
Mikeyl
Champion Author Cleveland

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Message Posted: Dec 28, 2014 10:55:05 PM

This year was the first year I did not see a price bump just before the holidays.

The price drop did slow the week of Christmas, but now it is back in full vengeance with no signs of stopping.

I saw a $1.829/gallon price today!
AFOS
Champion Author Chicago

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Message Posted: Dec 20, 2014 8:06:07 PM

not expecting any price hikes here before Christmas unless the fuel commodity markets take a big leap Monday or Tuesday. Dealers are at comfortable enough margins.

echoing catfish99's comments and in particular in portions of the Midwest, AKA Speedway country, most years have so many spikes there's bound to be one close to the major holidays.

[Edited by: AFOS at 12/20/2014 8:07:50 PM EST]
RealtorJeff
All-Star Author San Diego

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Message Posted: Dec 19, 2014 9:15:08 AM

I have not found boycotting to be a productive end to the mean. I understand that with oil per barrel today, many of the oil companies are losing due to the cost to produce a barrel from shale and fracking processes. Finally a turn around for the little guy, just hope it does not cost jobs in the US oil industry?
catfish99
Champion Author Wilmington

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Message Posted: Dec 19, 2014 7:15:50 AM

Gas prices do not go up for holidays. Period.
They move randomly based on supply and demand. There is higher demand on Thanksgiving weekend and some other travel holidays, but if supply is sufficient there will be no price movement.
Check out the gas prices tab above, and do three and five year searches. It shows the holidays are random when it comes to prices up or down.
Mikeyl
Champion Author Cleveland

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Message Posted: Dec 18, 2014 9:29:04 PM

Probably going up Friday or Monday! Christmas is coming early!
GreenSunnyDay
Sophomore Author Tucson

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Message Posted: Nov 15, 2014 1:21:53 AM

Stay home & order gifts & anything else you need on Amazon, eBay, etc.
Tucsonhomes
Champion Author Tucson

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Message Posted: Oct 24, 2014 11:03:08 AM

Sure, driving less will certainly lower fuel costs
Might improve health as well
catfish99
Champion Author Wilmington

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Message Posted: Oct 17, 2014 6:27:26 AM

Again, gas prices do not go up over holidays.
You can use the GasBuddy gas prices charts to check it out. Sometimes they go down, sometimes they go up, and sometimes they are steady.
russ117044
Rookie Author Long Island

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Message Posted: Oct 15, 2014 1:00:13 PM

Why do florists quadruple the price of flowers on mother day ?
Because this is America. The land of the rich. One nation under Wall ST. A government of the 1%, by the 1%, and for the 1%. And there's no law to stop them because the politicians are in bed with them.
58Harley
Champion Author Waco

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Message Posted: May 27, 2014 5:58:10 PM

It's always this way anytime you have a holiday
thebrohta167
Champion Author New Jersey

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Message Posted: May 27, 2014 9:47:37 AM

sadly, we don't really have a choice in the matter.
Pitbull1
Veteran Author Detroit

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Message Posted: May 27, 2014 9:09:53 AM

Buy the gas a week before the holiday. Fill your gas jugs for the lawnmowers in early May. Every holiday gas goes up. Nothing we can do but not buy it. It is already come down 8 cents here whare I live this morning on 5/27/2014!
JKazakus
All-Star Author Indiana

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Message Posted: May 20, 2014 8:15:03 AM

Congress? I don't think so. Quit buying gas when it's high I think is the ticket.
JKazakus
All-Star Author Indiana

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Message Posted: May 19, 2014 7:33:15 AM

Just stay home
Tommyguns45
Champion Author Illinois

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Message Posted: May 18, 2014 9:33:00 AM

Because Congress does NOTHING about the MONOPOLY the oil companies has on us but they sure did to break up AT&T making them sell off into Baby Bells a few years back. They also raise it right before the first of each month to scalp those that gets a Pension check.
catfish99
Champion Author Wilmington

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Message Posted: May 11, 2014 7:23:14 AM

I posted on this below. Prices DO NOT RISE before a holiday. The price movement is completely random, and recently has been falling before holidays.
Gas prices are set by the price of crude and refinery throughput as compared to demand. Nothing else matters.
Awing1
Champion Author Ontario

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Message Posted: May 9, 2014 8:20:04 AM

How can you stop it? Use it to your plan to fill gas before prices was increased before holiday.
subnuke
Champion Author Atlanta

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Message Posted: May 5, 2014 6:02:44 AM

price increases do not happen prior to every holiday. I have seen proces drop during the Memorial Day weekend and 4th of July. Price depends on market conditions the public does not control.
jetskijerry
Champion Author North Carolina

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Message Posted: May 4, 2014 1:07:51 AM

crooks
magpie2013
Champion Author Milwaukee

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Message Posted: Apr 16, 2014 12:05:33 PM

Ride your bike, take a walk use the bus(wherever possible) DON'T FILL ER UP, we wont fill up till the GAS PRICES COME DOWN!
mhradecky
Veteran Author New York

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Message Posted: Mar 24, 2014 2:54:02 PM

How?
chankos
Veteran Author Hamilton

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Message Posted: Feb 24, 2014 8:40:54 AM

nice thought but it will not happen as individually we all feel the we can not make a difference so we keep on letting them leech us dry
jnate22
Sophomore Author California

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Message Posted: Feb 23, 2014 9:18:45 AM

we should take over the oil companies, put them out of business
Daddioio
Champion Author Illinois

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Message Posted: Feb 6, 2014 10:02:17 PM

It's been so long since the last post here that I had to post.
Tony4150
All-Star Author North Carolina

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Message Posted: Jan 8, 2014 9:31:13 AM

It's a scam, but there are very few alternatives. Just bend over or stay home.
xbAG
Champion Author California

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Message Posted: Jan 5, 2014 8:28:18 PM

gas stations in tourist areas make more money due to visitors.
Supply n demand.
AFOS
Champion Author Chicago

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Message Posted: Jan 1, 2014 8:51:28 PM

Elmo314
I would say this is not an "oil company" decision since oil companies do not own most gas stations, franchisees & jobbers do and it's THEIR profit on the line in pricing decisions, not BP or Shell's. It's a decision on a station by station basis from experience. The operative theory IMHO is you need to bring in enough traffic to drive inside sales, since selling gas is not a big money maker even at higher margins. Exception: in late 2008 when wholesale prices were in free fall we had stations selling gas here at gross margins of 50+ cents (briefly close to $1 at one station) per gallon at times. Probably didn't need so much inside sales :(

Even the corporate owned stations (Speedway and Thorntons are two examples in my market, I think Quik Trip is in the St. Louis area) operate on a station by station basis in LOWERING prices depending on what their nearby competition is doing.



[Edited by: AFOS at 1/1/2014 8:52:02 PM EST]
magpie2013
Champion Author Milwaukee

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Message Posted: Dec 29, 2013 5:53:52 PM

Always the gas prices go up around the Holidays, All we do is keep making them richer. And they know it. Merry Christmas and Happy New Year.
Elmo314
Sophomore Author St. Louis

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Message Posted: Dec 26, 2013 2:43:13 PM

Does anyone know how long an oil company waits when demand is low before they drop prices?
Gas_Buddy
Champion Author Maryland

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Message Posted: Dec 21, 2013 4:18:43 PM

ny10:

What do you mean by "valid concern"

A quick and simple check of the gas price charts both for the home site of the original poster and for the country as a whole doesn't show that there's any "screw us before every holiday"? Prices, historically, have been the same or even gone down before most holidays.

But, even if there were price increases before "every holiday" (and there hasn't been), almost all price increases over time have been minimal, perhaps a few cents (at most) per gallon). Would you really consider, say, a three cent per gallon increase in price, and you buying 10 or 15 gallons a week near the holiday to be a "screwing"? Maybe I'm wrong, but I'd guess that even a simple cup of coffee or soda would cost you more than your tank fill-up "screwing", wouldn't you?
ny10
Champion Author Virginia

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Message Posted: Dec 21, 2013 11:28:38 AM

valid concern
mincemeat26
Champion Author Atlanta

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Message Posted: Dec 21, 2013 12:29:15 AM

myth
Gas_Buddy
Champion Author Maryland

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Message Posted: Dec 20, 2013 9:20:46 PM

I'm not sure what you mean by "...before every holiday" If you're saying that gas prices increase for the Christmas season, it may be true in other places, but for Minnesota, gas prices have either gone down or remained the same around the Christmas seasons for at least the past three years.

As for, "The America motoring public should boycott a certain company...", are you saying that there's one specific company that should be boycotted? And how would that help? Even if everyone boycotted one company, people would simply have fewer places to shop at, and would simply shop at "the other companies", meaning that the other companies could raise prices because there's less competition but more demand for the product.

As for other "screw us before every holiday..", it seems like, at least in Minnesota, gas prices were roughly the same or going down around the past Thanksgiving holiday, the past Labor Day, and the past New Year's Day.

But, even if some gas stations do raise their gas prices (and even if it were for "greed"), other stations would try to keep their prices as low as possible in order to attract customers from the gas stations raising prices. Gas stations, with as little mark-up as they have per gallon (generally around 9 to 12 cents per gallon from which they have to cover operating expenses such as rent, salaries, paying their investment loan, credit card fees, franchise fees, etc.), assuming that wholesale prices haven't risen, don't want to raise prices if they don't have to because by raising prices their potential customers will go to a less expensive gas station. Common business sense says that you keep your prices low in order to take customers from the competition, especially when prices are blatantly posted on the street where everyone can see them and everyone can choose to shop at a station as little as a penny lower in price.

Sorry, but neither your "every holiday" or "a certain company" seems to carry much weight. Unless, of course, you want to expand on your suggestion of boycotting.
magpie2013
Champion Author Milwaukee

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Message Posted: Dec 20, 2013 7:49:23 PM

Ours always goes up a day or two before the holidays. It always starts with one particular station, God save us all. Stay home or fill up before the holidays.
mortsciblue
Veteran Author Michigan

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Message Posted: Dec 20, 2013 3:59:02 PM

It seems to happen a few days before the actual holiday.
catfish99
Champion Author Wilmington

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Message Posted: Dec 15, 2013 11:18:53 AM

It may seem to be true, but it is not mincemeat.Go to the home page of the gas buddy site, and chose gas prices from the tabs. Choose the chart. Then change the chart to two year for decent resolution, and see what prices have done right before holidays.There is no pattern, just random movement.
mincemeat26
Champion Author Atlanta

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Message Posted: Dec 15, 2013 9:54:19 AM

seems to be true
forresj
Champion Author Wilmington

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Message Posted: Dec 4, 2013 2:55:39 PM

I usually fill up two 5gal. gas containers before the holidays to avoid the price gouging.
the1roadhog
Champion Author Atlanta

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Message Posted: Dec 2, 2013 8:31:09 AM

why? because they can
catfish99
Champion Author Wilmington

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Message Posted: Nov 30, 2013 2:50:14 PM

Gas prices were falling on Thanksgiving in three of the last five years. See the Gas Buddy Price Charts for confirmation.
We see this type of story every time prices rise. Folks who don't take five minutes to check the data claim "Big Oil raises the prices every (fill in the blank)".
It is not true.
divebomber
Champion Author Nebraska

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Message Posted: Nov 28, 2013 10:36:40 AM

IF WE ALL DRIVE 55MPH, WE'LL STILL GET THERE AND SAVE GAS!
maxstar
Champion Author Chicago

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Message Posted: Nov 27, 2013 5:01:50 PM

AFOS is correct. In my experience prices are just as likely to stay flat or decrease before a holiday. I do not see any correlation between holidays and price increases.


[Edited by: maxstar at 11/27/2013 5:04:40 PM EST]
46chief
Champion Author Indiana

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Message Posted: Nov 27, 2013 10:37:17 AM

Not enough drivers would take part in a boycott.
forresj
Champion Author Wilmington

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Message Posted: Nov 27, 2013 10:35:42 AM

There's definitely alot of price gouging near the holidays. I suggest stocking up 5 or 10 gallons before the price gouge or stay at home.
chrisd552
Champion Author Iowa

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Message Posted: Nov 27, 2013 10:25:06 AM

Or we could carry on with our daily business, because nothing consumers do will cause gas stations/big oil to lower prices...unless EVERYONE stops driving.
frugalshopper
Veteran Author Syracuse

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Message Posted: Nov 27, 2013 10:16:18 AM

Come on folks, they do this every year around the holidays. Consolidate trips. Go to Malls where you have a lot of stores to choose from and make a day of it. Pack a picnic lunch to leave in the car with you and then bring it to the food court and eat it. You can bring your ads and coupons with you. Don't forget to deposit the savings into the gas tank after you check gas buddy for the best price.
MertieMan
Champion Author Lexington

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Message Posted: Nov 27, 2013 12:25:28 AM

We are a complete captive audience and they know it plus they don't have any competition right now. I guess you know a thief never actually stops stealing.
AFOS
Champion Author Chicago

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Message Posted: Nov 26, 2013 11:28:50 PM

myth
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