In Oman I'm used to the fact that all gas stations have a fixed price for gas per liter. Whether crude oil is at $150 a barrel or $20 a barrel, the price of gasoline is fixed and it's applied to all the different gas stations in the country. So, when I came here to the US I had to adjust to the fact that gasoline prices here are not fixed like Oman, and different stations charge different rates. By different stations I thought it was just different companies, like Chevron, Fina, Shell, etc... but I didn't know that the price of gas from the SAME company can also vary from location to location.
I just got back from the movies, and on my way home, I passed by four different Fina gas stations. To my surprise, none of them had the same price of gas. The very first one was priced at $2.16 a gallon, the second one $2.28 if I'm not mistaken, the third one about $2.17 and the last one, which is right next to my place, at $2.25.
That was a bit surprising to me, because I always thought that gas prices can vary from company to company, but not from location to location by the very same company! Little did I know...
[Photo Courtesy of Indahnesia.com]
Wednesday, May 20, 2009
Various prices of gasoline
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4 comments:
That is because each gas station is individually owned...and that local owner sets the prices. It is a franchise that allows freedom of marketing.
Imagine what kind of heaven I was in moving from that to Oman! Bliss! What? I don't have to shop around for the best prices? I don't have to put the gas in myself? HEAVEN! I was in awe and disbelief. The pump guys always look at me like I am a crazy woman when I tip them...if they only knew what it was like for me before I moved here. I hated touching the gas nozzles, my hands always smelled several washing later and felt icky.
Ahaaa!!! So it's a franchise! Now I see!!!
This is because in Oman the petrol is sold at a government-regulated price which is usually well below the actual market price (it is subsidised by the government)...
In the USA, the fuel pump owners are free to set their pricing but usually each state regulates the pricing so that it stays within certain margins.
Amjad,
I am a senior in chemical engineering in Louisiana. We are doing a feasibility study on a biodiesel plant in Sudan. We are trying to find out the price biodiesel sells for in Sudan. We are also trying to decide on if we should build a centralized plant which would require 10,000 acres or 10,380 feedan of farm land to raise caminela and soybean or a small local plant which would require much less acres or feedan. (1feedan =1.038 acres)Any information would be greatly appreciated.
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