Primarily Petroliana Shop Talk Forums Shop Talk Petroliana Forums General Petroliana Discussion Price of Oil Below $8.00

Sam's in Tulsa $.95

.95? Do you guys have no gas taxes?? LOL

I was curious of your question about Oklahoma taxes so searched the internet for a few answers.....

1. Taxes. The factor that is, perhaps, the simplest and easiest to understand is the fact that fuel taxes in Oklahoma are lower than in most states. Combined state and federal excise taxes and fees in Oklahoma are 35.4 cents, 5th lowest in the country. Alaska is lowest at 26.4 cents, while New York is highest at 67.4 cents.

2. Proximity to Pricing Groups. Oklahoma sits at the end of two fuel "pricing groups." The Gulf Coast Group moves gasoline north from refineries on the Gulf of Mexico, while Group 3 moves product south from Illinois, Missouri and Kansas. With Oklahoma situated at the end of the line for both of these groups, distributors here are sometimes able to get a discounted price for gasoline that is 'left over,' since the owners want to get rid of it and clear the line for additional product they have in the pipeline.

3. Boutique Fuels. In the summer months, many cities/states are required to sell special blends of gasoline in order reduce harmful emissions. Oklahoma is virtually surrounded by such cities with these special fuel requirements. The result is that sometimes gasoline producers are left with too much 'conventional' gas, and so they will drop the price to try and sell it in markets without special fuel requirements. Oklahoma City is almost always able to buy that cheaper, non-boutique fuel, and Tulsa frequently can, as well.

4. Central Location. Again, Oklahoma's geographical location -- in the center of the country -- helps us keep fuel costs down. As fuel is moved across the country from refineries to terminals, Oklahoma is often the beneficiary of cheaper fuel, because there is only so much space in the pipelines to ship product. If an owner of fuel doesn't sell as much as they expected, they will have extra fuel in the pipeline and won't be able to ship additional product until they sell what's already in the line. In an attempt to "empty their position" within the pipeline, they will sell the product as quickly as possible at the closest spot available. Oftentimes, Oklahoma is just that spot.

5. Competition. According to AAA Oklahoma, the Sooner state has more gasoline retail locations per capita than any other state in the nation. It's hard for a retailer to sell gasoline at an inflated price when the competitor on the opposite corner sees an opportunity to sell it for less.

Sam's Citrus Heights Ca. today,regular $2.15

The good part--now getting 6 weeks per gallon!

Arco $2.03, Shell $2.49, Chevron $2.69 Cameron Park, Ca.

Portland still $2.39-2.59

1.29 in Nashville,Tn.

And I see many Tesla"Model 3's" on the road. Wait till their trucks roll out soon!

American Technology at its Best!

$1.28 in Plano TX (DFW area)

1.74 in Butte.....

I guess some China Technology also.

Kim,

I believe it is all TESLA parts. Tesla opened the factory in China to bypass tarrifs.

Not to mention Chinese consumer want the Tesla cars even though, there are several Chinese car manufacturers working on EV cars.

Having said that, Elon would never allow non-Tesla parts in his cars, IMO. A true leader IMO.

My friend (super electrical engineer) has a "model S" & has taken this baby all over CA. Charles tells me Tesla's battery design is state-of-the-art.
It is not about the batteries but how to cool it. That is where others can not copy the idea. Also, their Software is awesome based on what I saw when Charles took me for a drive.
BTW, 0-60 in 6 seconds? Killer when entering freeways!

Anyone else has experience with Tesla cars?

All my acquintances that have them, rave about them and in some cases are on their second version of a Tesla car. I personally have no experience in owning one.

I drove a Tesla not long ago ... called the Ludacris? edition.

0-60 in like 3 seconds ... fastest car off the line I've ever driven ... lots of bells and whistles too.

But, just not my taste.

If the price of oil stays low it's gonna slow the impact of electric cars. Lots of politics involved as well.

Back to the price of gas and some of the other comments ... when I had my station inthe 80's we sold self serve and full serve gas ... my average pool profit per gallon was .25 a gallon which was unheard of. I wasn't afraid to inflate my full serve price because we gave genuine full service to every customer.

Two bits a gallon is unheard of profit? No wonder friends of mine who had a gas bar and C store said the profit was in the candies and cigarettes and that was often eaten and smoked by the hired staff. They quit after a few years couldn't stand the ups and downs of the business. Glad you survived and thrived.