Gas prices continue to fall for Sept

[Curtis]

SCG0001-COMPTON-701 N BULLIS RD (LA-BTU Dist) 2.396

SCG0002-GARDEN GRV-12631 MONARCH (West OC-BTU Dist) 2.203

SCG0004-VAN NUYS-16645 SATICOY (Simi Valley-BTU Dist) 2.395

SCG0006-OXNARD-1650 MTN VIEW AV (Vent/Ox-BTU Dist) 2.202

SCG0007-RIVERSIDE-4495 HOWARD AV (Riverside BTU Dist) 2.203

SCG0009 PICO RIVERA BASE (LA- BTU Dist) 2.203

SCG0010-SAN PEDRO-755 W CAPITAL (LA - BTU Dist) 2.396

SCG0014-ENERGY RESOURCE CENTER (LA -BTU Dist) 2.299

SCG000-Azusa Base (San Gabriel -BTU Dist) 2.203

SBA0001-SANTA BARBARA (Santa Barb. - BTU Dist) 2.314

CE...............Hellooooooooooooooo??? Gonna drop your prices any time soon?

[freedml]

Re: Gas prices continue to fall for Sept

Oh that's weird. In the emailed version of your post all of the intermediate calculations are there.

Ok, so they're paying $2.20 to $2.40/GGE for gas and charging up to $2.99. What do you think a reasonable gross profit margin would be? Given what I assume is low volume at most of the stations, I'm not sure $0.60 to $0.80/GGE is not a reasonable gross profit.

[Beej]

Re: Gas prices continue to fall for Sept

To give an idea of how CE is making a killing right now, here is a chart of the spot price of the commodity. And, yes, that is a 44% price drop since July 1st.

[Curtis]

Re: Gas prices continue to fall for Sept

Profits will vary depending on the entity. CE is going to go for all they can get away with, where the schood district charges enough to cover the maintenance on the system + costs. Who's to say what's reasonable. Most business that I was involved with over the years felt 40% was a reasonable number. I can tell you that compressor maintenance is very expensive and only marginally predictable.

[jetboatjohnny]

Re: Gas prices continue to fall for Sept

It's funny how my local pump changes the price on the pump every month, but the actual cost has remained at 2.194 since February. I think it was at 2.47 for August.

[Curtis]

Re: Gas prices continue to fall for Sept

You could tell them about the glitch, or are you going to wait and see if gas actually drops below $2.19?

[jetboatjohnny]

Re: Gas prices continue to fall for Sept

Well it's at 2.434 now so if/when the pump reads below 2.194 I will call them.

[jetboatjohnny]

Re: Gas prices continue to fall for Sept

I see more prices fell!
Corona 2.12
Diamond Bar 2.24
Anaheim 2.26
Moreno Valley 3.19 WHAT?? oh yeah Clean Energy
CURTIS ... Did your Antelope Valley stations ever get back up??

[Donny]

Re: Gas prices continue to fall for Sept

Curtis-

Good job, they must have heard you, 10 cents less the last time I filled up... woohoo! Now keep ranting maybe they will knock another 20 cents off to get it back to the old typical high price ratio with unleaded I was enjoying earlier in the year. Unfortunately I am mostly dependent on CE, the latest price gouging is making a FM more justified of a purchase for me.

Everybody who cares probably knows what CE has been charging but I attached a chart of what I have been paying anyway. I pulled the data off my speadsheet. The few weird spikes are when I was lucky enough to be near a non CE station.

To be fair the price increases do seem to lag behind the unleaded market prices so the proper readjustment/decease can follow suit but it does seem a bit unbalanced still, but I am biased I suppose.

Donny

[Curtis]

Re: Gas prices continue to fall for Sept

To give an idea of how CE is making a killing right now, here is a chart of the spot price of the commodity. And, yes, that is a 44% price drop since July 1st.

You need to add two more tracks on your graph. Overlay CE's average pump price, and the average non-CE pump price over the same period. Should be very telling. If you can't get the back data, start a new graph. Interestingly, spot prices are back to what they were a year ago when prices were below $2/gge.

[Curtis]

Re: Gas prices fall slightly for October 2008

SCG0001-COMPTON-701 N BULLIS RD (LA-BTU Dist) 2.376

SCG0002-GARDEN GRV-12631 MONARCH (West OC-BTU Dist) 2.185

SCG0004-VAN NUYS-16645 SATICOY (Simi Valley-BTU Dist) 2.375

SCG0006-OXNARD-1650 MTN VIEW AV (Vent/Ox-BTU Dist) 2.183

SCG0007-RIVERSIDE-4495 HOWARD AV (Riverside BTU Dist) 2.185

SCG0009 PICO RIVERA BASE (LA- BTU Dist) 2.185

SCG0010-SAN PEDRO-755 W CAPITAL (LA - BTU Dist) 2.376

SCG0014-ENERGY RESOURCE CENTER (LA -BTU Dist) 2.280

SCG000-Azusa Base (San Gabriel -BTU Dist) 2.185

SBA0001-SANTA BARBARA (Santa Barb. - BTU Dist) 2.298

[ajgiorgi]

Re: Gas prices continue to fall for Sept

PG and E $2.08.

[younkin]

Re: Gas prices continue to fall for Sept

You could always move to Utah, its just .87 LOL Jim

[nexusplexus9]

Re: Gas prices continue to fall for Sept

Not sure why but City of Placentia is charging $2.79 now
Which is how much 87 unleaded is at costco.

Looks like gas is dropping much faster than CNG.

[ajgiorgi]

Re: Gas prices continue to fall for Sept

You could always move to Utah, its just .87 LOL Jim

Too Cold. Im a 4th generation Californian. I could never leave the bay area. The weather is too good.