Here blizzard, blizzard, blizzard!

[patric]

Our good neighbor QuikTrip spiked the price of gasoline 15 cents in anticipation of our first big winter storm, and since this is supposed to be more of an ice event, get ready to pat AEP on the back for burying so many power lines after the last big one.

About the only positive thing about loosing your power in winter, is you can move most of your refrigerated goods outside. 

[Conan71]

I upgraded my generator last spring. I figure now that I spent the money on something I can run the whole house on, I'll never need it.  Doesn't it always work that way?

[Hoss]

Our good neighbor QuikTrip spiked the price of gasoline 15 cents in anticipation of our first big winter storm, and since this is supposed to be more of an ice event, get ready to pat AEP on the back for burying so many power lines after the last big one.

About the only positive thing about loosing your power in winter, is you can move most of your refrigerated goods outside. 

Simma down...the ice won't be that bad tonight.

[Red Arrow]

I upgraded my generator last spring. I figure now that I spent the money on something I can run the whole house on, I'll never need it.  Doesn't it always work that way?

Did you get one that's permanently wired and plumbed (natural gas)?

[joiei]

Our good neighbor QuikTrip spiked the price of gasoline 15 cents in anticipation of our first big winter storm, and since this is supposed to be more of an ice event, get ready to pat AEP on the back for burying so many power lines after the last big one.

About the only positive thing about loosing your power in winter, is you can move most of your refrigerated goods outside. 

Curious, I filled my tank for 2.86 a gal at the one on Yale nr 51st after 9:45 tonight. Which QT do you live near so I can avoid it. 

[patric]

Curious, I filled my tank for 2.86 a gal at the one on Yale nr 51st after 9:45 tonight. Which QT do you live near so I can avoid it. 

Did you happen to notice what it was 24 hours earlier?

[Hoss]

Did you happen to notice what it was 24 hours earlier?

It was between 2.76 and and 2.79, depending on your location.  It's not unheard of for gas to get a 10 to 15 cent bump overnight.  Do people like it?  No.  Is it a grand conspiracy by QT?  Not likely.  C stores don't make much if any profit on gasoline sales.  I know, I was in the business for several years.

[Rookie Okie]

Just curious, I recall a couple of weeks ago after the mayoral election a poster on here  (jokingly I presume) noted that QT spiked their prices as spite for their candidate not winning.  Now they were cited for raising prices again yesterday.  Since the entire market does the same, is QT singled out because it is the local kid?  An inquiring new member would like to know.....

Incidentally, I did stop at one in Georgia the other day and the quality of service and cleanliness clearly stood out compared to whatever else they call a C-store down there.

[Hoss]

Just curious, I recall a couple of weeks ago after the mayoral election a poster on here  (jokingly I presume) noted that QT spiked their prices as spite for their candidate not winning.  Now they were cited for raising prices again yesterday.  Since the entire market does the same, is QT singled out because it is the local kid?  An inquiring new member would like to know.....

Incidentally, I did stop at one in Georgia the other day and the quality of service and cleanliness clearly stood out compared to whatever else they call a C-store down there.

QT does that pretty regularly.  10 to 15 cent gas spikes, then it draws down 1 to 2 cents at a time.  It typically falls in line with the wholesale price of gas, however.  They also react to large jumps in the price of oil, but not so much in reductions.

QT sets the price for all others simply because they essentially own the market.  The only one I know of that doesn't (or didn't) follow QT's lead was Shell.  We all know where they've gone in the last five years.

[Rookie Okie]

So if I understand correctly, then QT is the first here to adjust prices as the local market leader and the rest follow simultaneously in lock step to their actions? 

Of course markets everywhere follow the same large upward price spike with disproportionately lower decreases in response to wholesale actions.  It's not as easy to identify a clear market leader in many other areas (as QT is here) that is setting the market. 

A few years before prices escalated to today's levels there was some type of federal regulation to prevent gouging that capped single increases to no more than 10% of the price per gallon.  However, as the prices began to approach $3 gallon, 30 cent jumps or more were not uncommon.

[patric]

Simma down...the ice won't be that bad tonight.

If you dont count a helicopter making an emergency landing in Claremore because it iced over...

...and those gas prices; ten-cent spikes were unheard of here before Hurricane Katrina. 

[Hoss]

If you dont count a helicopter making an emergency landing in Claremore because it iced over...

...and those gas prices; ten-cent spikes were unheard of here before Hurricane Katrina. 

Was that helicopter by any chance black?

Just sayin'

[Rookie Okie]

Well maybe QT jacked up prices Friday in hopes that there headquarters expansion announcement would be so well received that no one would be upset at the pumps. 

Anyways, good news to hear that they will add 200 jobs to their 500 at hqtrs and expand the space by 80K sq ft.  It would have been nice to see them move downtown although it is certainly less expensive to expand at the current location.

[Red Arrow]

Was that helicopter by any chance black?

I heard it was purple, looks black in the right backlight.

 

[Red Arrow]

The only one I know of that doesn't (or didn't) follow QT's lead was Shell.  We all know where they've gone in the last five years.

Of course Shell (formerly Texaco) was always the high price spread in town.  Texaco used to set the price in Tulsa.