isaynot2day's Blog

The price at the refinery are down!!! Please keep gas stations in check, make sure they are reflecting the price drop.


Friday 5-23-08
$3.2647

Thursday 5-22-08
$3.3457

**This is a $.12 drop!!!
***Add (about) $.10/gallon for freight delivery from refinery to gas station. Add Tennessee tax .398%.

5-19-08

Gas stations buy fuel from a middle man who transports it from the refinery (Valero in West Memphis).  The middle man tacks on Tennessee tax and a transport fee.  If the price at the refinery goes down, so should the price at the pump.  All too often this is not happening. 

Media won't cover it because it cuts into their advertising dollar.  The price of fuel changes at the refinery (Valero) every day, I will try to post the daily price.  Please do the math and figure out which gas stations are making the biggest profit.

$3.213     Valero price at the rack - {{unleaded fuel}}

.398 %     Tennessee tax

$.10          Transport costs (per gallon average)

**Add these together to get what the gas stations are paying for unleaded fuel.  What did you pay today?