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angel4me Champion Author San Jose Posts:2,814 Points:802,645 Joined:Dec 2010	Message Posted: May 10, 2012 12:56:50 AM Ignore angel4me Report Abuse GULFPORT -- Gas prices are dropping on the Coast, but for one Gulfport station, the pressure to keep up with competition is resulting in a sales loss. On Wednesday, the price of regular unleaded gas at the Texaco station at the northwest corner of Pass and DeBuys roads was $3.24, just one cent higher than the Shell station at the southeast corner of that intersection. Rehan Shahid, the general manager of the Texaco station, said the cost to the store is $3.29 but he has to set the price lower because of the nearby competitor. The Texaco station lowers its gas prices every time the Shell station lowers its prices, he said. “We lose money at that store,” Shahid said. He said he oversees three gas stations in Gulfport, one in Long Beach and one in Hattiesburg, but the station on the Visit Sun Herald for full article

angel4me

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San Jose

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Message Posted: May 10, 2012 12:56:50 AM

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GULFPORT -- Gas prices are dropping on the Coast, but for one Gulfport station, the pressure to keep up with competition is resulting in a sales loss.

On Wednesday, the price of regular unleaded gas at the Texaco station at the northwest corner of Pass and DeBuys roads was $3.24, just one cent higher than the Shell station at the southeast corner of that intersection.

Rehan Shahid, the general manager of the Texaco station, said the cost to the store is $3.29 but he has to set the price lower because of the nearby competitor. The Texaco station lowers its gas prices every time the Shell station lowers its prices, he said.

“We lose money at that store,” Shahid said.

He said he oversees three gas stations in Gulfport, one in Long Beach and one in Hattiesburg, but the station on the
Visit Sun Herald for full article

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honda0105 Champion Author Tallahassee Posts:18,828 Points:1,637,220 Joined:Nov 2008	Message Posted: May 15, 2012 4:52:51 AM Ignore honda0105 Report Abuse prices charged by retailers are only a few pennies above what they pay. When prices drop and they still have expensive fuel in the tank, they lose money on the bottom line. The higher volume stations can do that, b/c they can take advantage of lower wholesale prices. The little guy loses.
sparky808 Champion Author Honolulu Posts:3,144 Points:625,660 Joined:Sep 2011	Message Posted: May 11, 2012 12:35:02 PM Ignore sparky808 Report Abuse Thank you for posting.
sydb7 Champion Author Atlanta Posts:3,657 Points:1,941,890 Joined:Mar 2003	Message Posted: May 11, 2012 7:33:37 AM Ignore sydb7 Report Abuse It is time for the retailers to stop gouging!
remay Champion Author Houston Posts:7,078 Points:2,143,965 Joined:May 2006	Message Posted: May 11, 2012 5:57:49 AM Ignore remay Report Abuse Who is losing money? Remember how the price at the pump JUMPS UP, but when it is time to come down, it is slllooooooww.
nb52 Champion Author Grand Rapids Posts:7,920 Points:1,574,550 Joined:Nov 2008	Message Posted: May 11, 2012 5:19:13 AM Ignore nb52 Report Abuse Businesses cannot sell product below cost for long, and stay in business.
dave12 Champion Author Twin Cities Posts:3,237 Points:1,862,940 Joined:Nov 2005	Message Posted: May 11, 2012 2:33:38 AM Ignore dave12 Report Abuse Because Orectum is going to be a one termer!
dave12 Champion Author Twin Cities Posts:3,237 Points:1,862,940 Joined:Nov 2005	Message Posted: May 11, 2012 2:32:54 AM Ignore dave12 Report Abuse He needs to get in touch someday!
dave12 Champion Author Twin Cities Posts:3,237 Points:1,862,940 Joined:Nov 2005	Message Posted: May 11, 2012 2:31:58 AM Ignore dave12 Report Abuse Does Orectum know about this?
dave12 Champion Author Twin Cities Posts:3,237 Points:1,862,940 Joined:Nov 2005	Message Posted: May 11, 2012 2:31:27 AM Ignore dave12 Report Abuse That is to bad.
tomok Champion Author Portland Posts:33,598 Points:2,373,210 Joined:Aug 2006	Message Posted: May 11, 2012 2:29:29 AM Ignore tomok Report Abuse Not a good way to run a business, Shell has such high fuel prices. Sell your fuel with some profit to cover the cost of operation, never at a loss. There will be people to buy fuel no matter what the price, even when there is cheaper fuel priced one block away. Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost, if possible! The price of fuel at the pump is too high! 12/22/2012!
gass12 Champion Author Omaha Posts:8,533 Points:2,332,370 Joined:Oct 2005	Message Posted: May 11, 2012 12:01:12 AM Ignore gass12 Report Abuse Hard rto believe they are loseing money.
anascom Champion Author Hamilton Posts:1,593 Points:556,690 Joined:Feb 2011	Message Posted: May 10, 2012 11:38:35 PM Ignore anascom Report Abuse price are still high here in ontario! while oil prices are falling, gas prices have increased here in ontario 3 cents/liter since tuesday!
Blue48 Champion Author Illinois Posts:7,445 Points:1,665,645 Joined:Feb 2007	Message Posted: May 10, 2012 10:51:58 PM Ignore Blue48 Report Abuse STIFF COMPETITION!
bvrbill Champion Author Eugene Posts:3,440 Points:546,000 Joined:Jul 2011	Message Posted: May 10, 2012 10:24:27 PM Ignore bvrbill Report Abuse We need more gas wars.
carranco Champion Author Georgia Posts:1,027 Points:271,465 Joined:Dec 2008	Message Posted: May 10, 2012 10:15:57 PM Ignore carranco Report Abuse Competition works in all kinds of business.
pgerassi Champion Author Milwaukee Posts:11,036 Points:2,159,245 Joined:Apr 2007	Message Posted: May 10, 2012 9:48:56 PM Ignore pgerassi Report Abuse SOP.
OGW Champion Author London Posts:5,446 Points:1,558,085 Joined:Sep 2005	Message Posted: May 10, 2012 9:47:39 PM Ignore OGW Report Abuse Many mom & pop independents lose money daiy as they cannot get the competitve rack prices that the majors can.
g747 Champion Author Mobile Posts:4,682 Points:961,370 Joined:Jul 2009	Message Posted: May 10, 2012 9:40:39 PM Ignore g747 Report Abuse Business as usual !!!!!!.
Z51Corvette Champion Author Austin Posts:8,608 Points:1,697,410 Joined:Jan 2008	Message Posted: May 10, 2012 9:38:10 PM Ignore Z51Corvette Report Abuse Stupid is as stupid does!
OKRifle Champion Author Oklahoma City Posts:10,582 Points:1,837,985 Joined:Oct 2007	Message Posted: May 10, 2012 9:35:55 PM Ignore OKRifle Report Abuse Bull!
AuburnTim Champion Author Indiana Posts:6,828 Points:1,559,190 Joined:May 2005	Message Posted: May 10, 2012 9:32:49 PM Ignore AuburnTim Report Abuse So it will be short lived
TBRR Champion Author Jacksonville Posts:3,716 Points:605,975 Joined:Dec 2007	Message Posted: May 10, 2012 9:29:01 PM Ignore TBRR Report Abuse nothing like a gas war to bring down the price of gas. had a friend who owned a station and he made all his money off repair bays. gas was just a convince for his loyal customers and he took very good care of their vehicles.
OOXXFF Champion Author Greensboro Posts:3,193 Points:1,106,655 Joined:Sep 2009	Message Posted: May 10, 2012 9:27:30 PM Ignore OOXXFF Report Abuse Crazy.
humancry Champion Author Michigan Posts:4,620 Points:1,003,470 Joined:Nov 2006	Message Posted: May 10, 2012 9:24:44 PM Ignore humancry Report Abuse good
blah2blah3 Champion Author Houston Posts:2,746 Points:628,570 Joined:May 2011	Message Posted: May 10, 2012 9:23:32 PM Ignore blah2blah3 Report Abuse ok
mitchell6597 Champion Author New Hampshire Posts:3,462 Points:728,360 Joined:Apr 2010	Message Posted: May 10, 2012 9:21:04 PM Ignore mitchell6597 Report Abuse We don't have price wars in my area, I wondered what happened to those.
WIWalt Champion Author Wisconsin Posts:1,852 Points:441,965 Joined:Mar 2012	Message Posted: May 10, 2012 9:20:22 PM Ignore WIWalt Report Abuse I thought gas wars were a thing of the past I was wrong
gmcgas Champion Author Atlanta Posts:6,094 Points:1,741,870 Joined:Mar 2004	Message Posted: May 10, 2012 9:15:25 PM Ignore gmcgas Report Abuse not good for store owners.
iceman11 Champion Author Ontario Posts:2,715 Points:536,425 Joined:Feb 2011	Message Posted: May 10, 2012 9:14:36 PM Ignore iceman11 Report Abuse Hmmmmm
theschmuck Champion Author Michigan Posts:3,035 Points:1,533,785 Joined:Mar 2007	Message Posted: May 10, 2012 9:14:34 PM Ignore theschmuck Report Abuse We currently have no leadership in this country that cares about its citizens and the problems that the gov't has cused.
outlaw329 Champion Author Austin Posts:7,739 Points:1,399,890 Joined:Aug 2008	Message Posted: May 10, 2012 9:13:32 PM Ignore outlaw329 Report Abuse I work 10 miles from home and gas prices are 18 cents cheaper near work and the stations around the area are having an old time gas war.
ericbcire Champion Author Nevada Posts:4,660 Points:1,295,035 Joined:Aug 2009	Message Posted: May 10, 2012 9:10:59 PM Ignore ericbcire Report Abuse These stations need to cut their costs or they will fail.
Mowerman08 Champion Author Milwaukee Posts:4,883 Points:1,244,230 Joined:Aug 2008	Message Posted: May 10, 2012 9:09:39 PM Ignore Mowerman08 Report Abuse Competition is GOOD!
darkknight1 Champion Author Winston-Salem Posts:4,475 Points:923,535 Joined:Nov 2010	Message Posted: May 10, 2012 9:08:26 PM Ignore darkknight1 Report Abuse Wish we'd have more gas wars!
sickhp Champion Author San Antonio Posts:1,489 Points:543,480 Joined:Sep 2011	Message Posted: May 10, 2012 9:06:56 PM Ignore sickhp Report Abuse Gas wars at 3.25, need them lower still.
DABEE1073 Champion Author San Diego Posts:8,350 Points:1,599,810 Joined:Jun 2008	Message Posted: May 10, 2012 8:58:09 PM Ignore DABEE1073 Report Abuse $3.24 or $3.29, I WOULD LIKE TO SEE THOSE PRICES HERE.
js0743 All-Star Author Georgia Posts:981 Points:477,080 Joined:Nov 2011	Message Posted: May 10, 2012 8:57:46 PM Ignore js0743 Report Abuse Wish we'd have a gas war where I live.W
OceansidePoms Champion Author Massachusetts Posts:1,704 Points:709,570 Joined:Nov 2008	Message Posted: May 10, 2012 8:56:55 PM Ignore OceansidePoms Report Abuse Well, I drive as mile to a cent, yeah I know many don't, but I do... & I also see people pay $3.99/Gallon when across the street the same Gas costs $3.23/Gallon! So hey, I'm sure their not going to "lose money selling fuel" for too long! Maybe it's a bad area for business? But it's not just there! Around here, we have towns that have 60 stations in a 15 mile radius & all on 1 street! Like Broadway or a Main St! & We can see a bunch of the cheapest Gas in the State & the Most expensive all along a few 15 minute stretches of Road! Such as Taunton, MA! Where you can find $3.47 right now & $3.89 right now as well! Same gas, same quality, same service, same everything- even location- just PRICE differences! People prefer to pay less, I know I do...
sharnlee Rookie Author Texas Posts:7 Points:6,640 Joined:May 2012	Message Posted: May 10, 2012 8:56:24 PM Ignore sharnlee Report Abuse Here in Texas they normally try to out do each other with lower prices. We have Market Basket grocery and Kroger grocery here in Beaumont that are $3.55 right now and will probably go down a few cents more in the next couple of days. Kroger has the gimic to where for every $100 worth of groceries you get .10 off per gallon on your next purchase of gas. I bought mine yesterday for $3.35 at .20 off per gallon. Love the competition.
hcivic Champion Author Virginia Posts:3,989 Points:2,292,440 Joined:Aug 2005	Message Posted: May 10, 2012 8:49:11 PM Ignore hcivic Report Abuse sure hes not the only one
GassyKat Champion Author Wisconsin Posts:10,079 Points:2,069,170 Joined:Sep 2005	Message Posted: May 10, 2012 8:48:13 PM Ignore GassyKat Report Abuse Miss the good old 'gas wars.' Too much of a 'cartel' around where I live. 50 stations at least, and all at the same price-always.
dlemma Champion Author Wyoming Posts:4,246 Points:1,582,720 Joined:Feb 2008	Message Posted: May 10, 2012 8:47:31 PM Ignore dlemma Report Abuse wake up! Drill here - drill now - get those socialist Salazar and Obama to OBEY the federal judge's order to allow drilling!
Beauff Champion Author Cleveland Posts:1,216 Points:623,210 Joined:Sep 2008	Message Posted: May 10, 2012 8:47:31 PM Ignore Beauff Report Abuse yep
babugp Veteran Author Philadelphia Posts:339 Points:76,685 Joined:Mar 2012	Message Posted: May 10, 2012 8:45:12 PM Ignore babugp Report Abuse yep
96sc1 Champion Author El Paso Posts:8,517 Points:1,367,440 Joined:Mar 2008	Message Posted: May 10, 2012 8:44:30 PM Ignore 96sc1 Report Abuse It is not necessary for every part of a large business to make a profit.
gknee09 Champion Author Philadelphia Posts:1,001 Points:844,610 Joined:Jul 2009	Message Posted: May 10, 2012 8:43:38 PM Ignore gknee09 Report Abuse people are not going to inconvenience themselves to save a penny per gallon. they spend more than that on gas turning around
OU8121959 Champion Author Grand Rapids Posts:2,848 Points:559,665 Joined:Apr 2011	Message Posted: May 10, 2012 8:41:05 PM Ignore OU8121959 Report Abuse cool
rver524 Veteran Author Colorado Posts:298 Points:14,320 Joined:Apr 2012	Message Posted: May 10, 2012 8:40:12 PM Ignore rver524 Report Abuse I'm sure most stores don't lose money selling their fuel.
12766 Champion Author New York Posts:2,584 Points:1,511,115 Joined:Oct 2008	Message Posted: May 10, 2012 8:39:02 PM Ignore 12766 Report Abuse ok
C.Carpets All-Star Author Oakland Posts:573 Points:2,114,310 Joined:Feb 2005	Message Posted: May 10, 2012 8:36:35 PM Ignore C.Carpets Report Abuse The only good war is a Price War. Peace Out.