Just saw $6.09 at the Lilly & Capitol Mobil Station.
General Discussion
Gas...Gas...????....
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Look at where the fuel distribution terminals are in Wisc.
The one near Waupun on Hwy 26 handles almost 1/3rd of the areas needs. Perhaps that is why FDL and Waupun have cheaper fuel prices. Cheaper transportation costs for wholesalers.
The big terminal in Milwaukee on N107th St should have the Milw prices cheaper than any where but they aren’t. Games the fuel companies play.!
The one near Waupun on Hwy 26 handles almost 1/3rd of the areas needs. Perhaps that is why FDL and Waupun have cheaper fuel prices. Cheaper transportation costs for wholesalers.
The big terminal in Milwaukee on N107th St should have the Milw prices cheaper than any where but they aren’t. Games the fuel companies play.!
Junkie, I agree there are examples of socialism all around us, some folks want to deny that socialism exists in this country. I think the govt could have more say on oil produced on federal lands they (oil companies) are paying us around a 15% royalty on the value of the oil. The govt could use the royalty payment as a bartering chip, lower the royalty payment if the oil stays in the country. I know if I had oil on my property I would want be paid the fair market value for it and not the market value created by govt tariffs.
Not necessarily, but I do understand your point. Theres's a lot of middle ground between socialism and capitalism, I think you need a little of each to thrive as a country as big as ours. And while America was built on the concept of capitalism, I don't believe our fore-fathers envisioned it getting to the point that has become. I remember learning about checks and balances to avoid monopolies on markets back in high school, do those even exist anymore?
Shouldn't really matter what the companies want. Should be about what's best for the country and if they still want to export, they should be taxed 100%+ on it. We've created a system that rewards exports and profit rather than self sufficiency. People (especially companies) hate change, but it's what we need. Wish POTUS' tariff goal went better than it had, he was really onto something there.
Wisco, LA and TX are hardly hotbeds of environmental regs, and there is a ton of infrastructure already there. I think it comes down to alternative rate of return. Doesnt make sense for the oil company to take billions away from something that might be making 10%+ rate of return, to invest it a refinery that will yield less profit. Certainly, meeting basic environmental standards adds to the cost of the build which factors into the profit margin of a new refinery but they wouldn't be jumping through CA hoops. As long as light crude prices stay relatively low they'll keep with the current model. When it becomes more profitable to build a refinery, they will do it. I'm sure this is an oversimplification but if they would have seen huge profit margins they would have figured out how to get a new refinery built. T
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