98 cents a gallon?! Are they serious?

[rgwalt]

Originally posted by: guoziming
thats a cool idea, a savings bank, except for fuel.

gotta wonder how much money the bank makes, though.

I was thinking that myself. I wonder if there is some kind of storage surcharge when you buy the gas up front? I'm sure the gas bank makes some money by the fact that they can buy in large bulk quantities when prices are at their lowest.

R

 

[JDrake]

Originally posted by: Pepsi90919

Originally posted by: Mike
Prices jumped another $.10 tonight up to $3.40 here in SoCal. 🙁

AWWWWWWWWWWWWW

SKEET SKEET

 

[0]

Originally posted by: rgwalt

Originally posted by: guoziming
thats a cool idea, a savings bank, except for fuel.

gotta wonder how much money the bank makes, though.

I was thinking that myself. I wonder if there is some kind of storage surcharge when you buy the gas up front? I'm sure the gas bank makes some money by the fact that they can buy in large bulk quantities when prices are at their lowest.

R

They don't store huge amounts of gas...

They take your money, invest in things they hope can get a better return than what is offset by the rise in gas prices. If they don't, they'll go out of business. On the other hand, if you buy a huge amount of gas$$, and the price drops, you're screwed, and they're happy.