Comments on Amjad's Blog: Various prices of gasoline

Amjad, I am a senior in chemical engineering in ...

2009-10-17T16:51:15.668-05:00

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.

This is because in Oman the petrol is sold at a go...

2009-05-22T04:02:07.583-05:00

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.

Ahaaa!!! So it's a franchise! Now I see!!!

2009-05-20T10:03:23.729-05:00

Ahaaa!!! So it's a franchise! Now I see!!!

That is because each gas station is individually o...

2009-05-20T06:20:39.801-05:00

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.