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Thread: Price spike

  1. #1
    TALON Supporting Member L8 APEX's Avatar
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    Price spike

    Damn, I try not to buy on holiday weekends. Diesel went from 4.55 to 4.69 overnight at Flying J...

  2. #2
    TALON Supporting Member L8 APEX's Avatar
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    I was ready to choke a bitch today. I go to Loves since they are 3 cents cheaper and 6 miles closer than Flying J. Well there is a new sticker on the pump stating Visa and Mastercard customers have a $75 limit to save on fuel costs... Feel free to make a second transaction....

    Well 75 bucks is 16 gallons, so I make two and go for a third... My card is locked out and says see cashier... I raise hell about not being able to fill up. She verifies ID and starts the pump manually. I go back and finish the fill up another 50 bucks later. Go back in for my card and slip. 25 minutes and 3 transactions to fill up. I am just sick of this crap... I am going to raise hell with Loves and Citibank tomorrow!

  3. #3
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    Quote Originally Posted by L8 APEX View Post
    I was ready to choke a bitch today. I go to Loves since they are 3 cents cheaper and 6 miles closer than Flying J. Well there is a new sticker on the pump stating Visa and Mastercard customers have a $75 limit to save on fuel costs... Feel free to make a second transaction....

    Well 75 bucks is 16 gallons, so I make two and go for a third... My card is locked out and says see cashier... I raise hell about not being able to fill up. She verifies ID and starts the pump manually. I go back and finish the fill up another 50 bucks later. Go back in for my card and slip. 25 minutes and 3 transactions to fill up. I am just sick of this crap... I am going to raise hell with Loves and Citibank tomorrow!
    At least you had $75 my discover I've used as my "gas card" for ever since I can remember went down to $50 the last time I used it. I put in 50, 50, 48 BULLSHIT. If you put in your CC you should be able to fill the ****er up!!

  4. #4
    Participating User tiffo60's Avatar
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    seems like I read somewhere is has to do with the fee's they get charged, its a percentage of the purchase amount so they put a limit on the amount to keep there processing fee's as low as possible

  5. #5
    Participating User TXLIGHTNING's Avatar
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    Yep, mine stops at $75

  6. #6
    Webmaster - Torque Fan Silver_2000's Avatar
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    yeah the argument is that when gas was $1.25 a gallon a fuel transaction cost the gas station lets say an average of less than a dollar in fees

    Now the gas prices are 4x as high and the transaction is the same yet the cost of the transaction has gone to $4 or more

  7. #7
    Participating User dboat's Avatar
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    Quote Originally Posted by Silver_2000 View Post
    yeah the argument is that when gas was $1.25 a gallon a fuel transaction cost the gas station lets say an average of less than a dollar in fees

    Now the gas prices are 4x as high and the transaction is the same yet the cost of the transaction has gone to $4 or more
    yep, the cost of goods sold has sure gone up..

  8. #8
    Leave my user title alone 03LightningRocks's Avatar
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    I believe the reason has to do with the card approval process. When you slide the card, it does a pre-approval for the transaction. It has to have an amount to pre-approve. The amount it pre-approves is determined by each location. Saving money by lowering the amount you are pre-approved does not make sense as each transaction incures a transaction fee for the station in addition to the 1.5%-3% fee for the transaction amount. Making you swipe the card a second time will cost the station a second transaction fee. The reason I say 1.5%-3% is that these rates are negotiable and different businesses will pay different amounts depending on several factors...including the card type. American Express and Discover are on the high end and make a business owner want to choke a bitch when you use them.

  9. #9
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    Maybe this will help

    If the airline execs support it, then it must be good right? If you can't trust your local airline exec, who can ya trust?

    An Open Letter to All Airline Customers
    Our country is facing a possible sharp economic downturn because of skyrocketing
    oil and fuel prices, but by pulling together, we can all do something to help now.

    For airlines, ultra-expensive fuel means thousands of lost jobs and severe reductions in air service to both large and small communities. To the broader economy, oil prices mean slower activity and widespread economic pain. This pain can be alleviated, and that is why we are taking the extraordinary step of writing this joint letter to our customers.

    Since high oil prices are partly a response to normal market forces, the nation needs to focus on increased energy supplies and conservation. However, there is another side to this story because normal market forces are being dangerously amplified by poorly regulated market speculation.

    Twenty years ago, 21 percent of oil contracts were purchased by speculators who trade oil on paper with no intention of ever taking delivery. Today, oil speculators purchase 66 percent of all oil futures contracts, and that reflects just the transactions that are known.

    Speculators buy up large amounts of oil and then sell it to each other again and again. A barrel of oil may trade 20-plus times before it is delivered and used; the price goes up with each trade and consumers pick up the final tab. Some market experts estimate that current prices reflect as much as $30 to $60 per barrel in unnecessary speculative costs.

    Over seventy years ago, Congress established regulations to control excessive, largely unchecked market speculation and manipulation. However, over the past two decades, these regulatory limits have been weakened or removed. We believe that restoring and enforcing these limits, along with several other modest measures, will provide more disclosure, transparency and sound market oversight. Together, these reforms will help cool the over-heated oil market and permit the economy to prosper.

    The nation needs to pull together to reform the oil markets and solve this growing problem.

    We need your help. Get more information and contact Congress by visiting www.StopOilSpeculationNow.com/sos.


    Sincerely,

    Robert Fornaro
    Chairman, President and CEO
    AirTran Airways, Inc.

    Bill Ayer
    Chairman, President and CEO
    Alaska Airlines, Inc.

    Gerard J. Arpey
    Chairman, President and CEO
    American Airlines, Inc.

    Lawrence W. Kellner
    Chairman and CEO
    Continental Airlines, Inc.

    Richard Anderson
    CEO
    Delta Air Lines, Inc.

    Mark B. Dunkerley
    President and CEO
    Hawaiian Airlines, Inc.

    Dave Barger
    CEO
    JetBlue Airways Corporation

    Timothy E. Hoeksema
    Chairman, President and CEO
    Midwest Airlines

    Douglas M. Steenland
    President and CEO
    Northwest Airlines, Inc.

    Gary Kelly
    Chairman and CEO
    Southwest Airlines Co.

    Glenn F. Tilton
    Chairman, President and CEO
    United Airlines, Inc.

    Douglas Parker
    Chairman and CEO
    US Airways Group, Inc.


    You are receiving this email because you are an A+ Rewards member subscribed as:

    To discontinue any further A+ Rewards marketing messages from AirTran, please access this page to quickly and easily unsubscribe:

    AirTran Airways 9955 AirTran Blvd. Orlando, FL 32827 © AirTran Airways 2008

  10. #10
    Webmaster - Torque Fan Silver_2000's Avatar
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    never mind

  11. #11
    Participating User Ohmsby's Avatar
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    at least they are selling you "premium diesel"......

  12. #12
    TALON Supporting Member L8 APEX's Avatar
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    Shit, the station I paid 4.79 at was selling crap #1 white diesel that gets poor mileage...

  13. #13
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    Quote Originally Posted by L8 APEX View Post
    Shit, the station I paid 4.79 at was selling crap #1 white diesel that gets poor mileage...
    Yep... miss the good ole stuff.

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