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03-09-2014, 02:14 PM
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#1
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Senior Member
Winnebago Owners Club
Join Date: Sep 2007
Location: Ann Arbor Michigan
Posts: 792
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XXX.9 Gasoline/Diesel
Is there some coherent reason why the price of fuel must be XXX.9?
What genius came up with this thingy?
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2005 Suncruiser Banks Powerpack
Chocolate lab (Buster) 2007 Jeep Wrangler
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03-09-2014, 02:17 PM
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#2
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Community Administrator
Join Date: Aug 2009
Posts: 53,557
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$ 3.999 is a whole lot cheaper than $4.00 in a lot of minds. It's an old marketing trick.
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Cliff,Tallulah and Buddy ( 1999-2012 )
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03-09-2014, 04:19 PM
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#3
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Member
Join Date: Nov 2012
Posts: 98
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Tax is the reason
Actually the 9/10 of a cent was the original gasoline tax rate. They have proposed changing it but would cost to much to change all of the pumps and signs.
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03-09-2014, 04:24 PM
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#4
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Senior Member
Newmar Owners Club
Join Date: May 2007
Location: Somewhere....
Posts: 4,054
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Quote:
Originally Posted by BobnMelba
Actually the 9/10 of a cent was the original gasoline tax rate. They have proposed changing it but would cost to much to change all of the pumps and signs.
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The pumps are pretty much all computerized now. It wouldn't cost them anything to round off. It's a marketing thing, and inertia.
__________________
2008 King Aire 4562, Spartan K3(GT) w/ Cummins ISX 600
2014 Jeep Grand Cherokee Overland 5.7L V8 Hemi w/ Blue Ox Aventa LX Tow Bar and baseplate, SMI Air Force One brake
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03-09-2014, 04:37 PM
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#5
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Senior Member
Newmar Owners Club
Join Date: Dec 2011
Posts: 7,406
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I can remember buying a gallon of gas when there were gas wars at .18 and 3/10 cents a gallon, so I really don't think that the 9/10 of a cent was ever because it was a gas tax. Could be wrong, but,.........Just saying.....
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2014 Fleetwood Storm 32H "The Dream Catcher"sold * THOUSAND TRAILS * *US ARMY 1965-1967 * Disabled Vietnam Veteran 1966-1967 * Life Member VFW *
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03-09-2014, 10:02 PM
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#6
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Senior Member
Join Date: Aug 2001
Location: North America somewhere
Posts: 30,961
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Why is the 9 tenths of a cent on gas prices?
"The extra "tenths" is a very old tradition that's never gone away. In 1935, a Reno Nevada newspaper wrote about "selling third grade gasoline at eight and nine-tenths cents a gallon."
EXCERPT:
In those times, a penny had considerable value. To raise the price of gasoline from 8 to 9 cents would be more than a 12 percent hike. To compete, gas stations raised prices by tenths of a penny. Around this time, federal and state excise taxes were also introduced in increments of tenths of a cent, so it made sense to keep the decimal value."
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2000 Winnebago Ultimate Freedom USQ40JD , ISC 8.3 Cummins 350, Spartan MM Chassis. USA IN 1SG 11B5MX,Infantry retired;Good Sam Life member,FMCA. " My fellow Americans, ask not what your country can do for you, ask what you can do for your country. John F. Kennedy
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03-09-2014, 10:09 PM
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#7
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Senior Member
Join Date: Apr 2011
Location: Powell River, B.C.
Posts: 31,486
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Quote:
Originally Posted by Ray,IN
Why is the 9 tenths of a cent on gas prices?
"The extra "tenths" is a very old tradition that's never gone away. In 1935, a Reno Nevada newspaper wrote about "selling third grade gasoline at eight and nine-tenths cents a gallon."
EXCERPT:
In those times, a penny had considerable value. To raise the price of gasoline from 8 to 9 cents would be more than a 12 percent hike. To compete, gas stations raised prices by tenths of a penny. Around this time, federal and state excise taxes were also introduced in increments of tenths of a cent, so it made sense to keep the decimal value."
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X2, when I started pumping gas at my father's station@ 17.9 a gal, for regular, even then the pumps internal , manual gear driven , $ amounts were adjustable from 1/10c to 99.9c per gallon, the transition past a dollar made scrap out of them.
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99DSDP 3884, Freightliner, XC, CAT 3126B, 300 HP /ALLISON 3060
2000 Caravan toad, Remco & Blue Ox.
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03-09-2014, 10:40 PM
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#8
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Junior Member
Freightliner Owners Club
Join Date: Oct 2013
Location: Nevada
Posts: 22
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Price of diesel
Diesel fuel is price to high. It's cheap to make.
Most trucks use it so big bucks and RV use it so they are cleaning up.
Gas price came down. Diesel came 5 cents. Gas came down here about
$1.50....Why not diesel?????
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03-09-2014, 11:46 PM
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#9
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Senior Member
Carolina Campers
Join Date: Feb 2013
Location: Winston Salem, NC
Posts: 3,452
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I think we should all stop driving any motorized vehicle. I will guarantee that if the demand dropped, the price would drop....
What gets me is that oil companies are making tons of more "profits" (after all costs, taxes, R&D, etc.) than ever in all history. Share holders are making more money on their stock investments than ever before.
Don't tell me that the rest of us are not being taken advantage of. We are now generating more oil at home than we are importing, yet the prices have not reflected that. We are the ones that are allowing this to take place. It will not change until we decide to fight back and make them accountable for the prices.
Of course, when I say "we", I really mean you. I will just keep trucking...
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03-10-2014, 12:16 AM
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#10
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Senior Member
Monaco Owners Club
Join Date: Jul 2011
Posts: 2,200
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Marketing pure and simple. Take a look at prices for other things and you will see things like $4.99 and the like too. I just add the penny and say $5. Salespeople don't like that when I do it. They try to "correct" me and tell me that it's only $4. I tell them to look again and add that penny and you get the $5. Again ... It's marketing pure and simple. Or at least that's what I learned when I got my degree in Marketing/Management.
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Thom and Christine having fun in a 1993 Monaco Crown Royale Signature Series 40ft 300hp RV. Towing a Fiat 500 Abarth and a Harley.
Our blogged repairs and travels
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03-10-2014, 01:19 AM
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#11
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Senior Member
Join Date: Nov 2010
Posts: 2,415
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Quote:
Originally Posted by tedgard01
I think we should all stop driving any motorized vehicle. I will guarantee that if the demand dropped, the price would drop....
What gets me is that oil companies are making tons of more "profits" (after all costs, taxes, R&D, etc.) than ever in all history. Share holders are making more money on their stock investments than ever before.
Don't tell me that the rest of us are not being taken advantage of. We are now generating more oil at home than we are importing, yet the prices have not reflected that. We are the ones that are allowing this to take place. It will not change until we decide to fight back and make them accountable for the prices.
Of course, when I say "we", I really mean you. I will just keep trucking...
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I appreciate your supporting my Rv lifestyle. cvx is doing great. buy some and enjoy the ride.
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03-10-2014, 02:51 AM
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#12
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Senior Member
Join Date: May 2012
Location: Deep in the Heart of Texas
Posts: 476
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The whole $.001 is to fool the same stupid humans who think waking up an hour earlier saves daylight. And to show how silly that 1/10 of a cent is, I just noticed I don't even have a cent symbol on my computer,
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2000 DSDP, 3883,Freightliner,330 Cat, 07 Jeep Commander 4x4toad.
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03-10-2014, 06:22 AM
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#13
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Senior Member
Join Date: Dec 2012
Posts: 2,080
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Quote:
Originally Posted by ARTWERKE
The whole $.001 is to fool the same stupid humans who think waking up an hour earlier saves daylight. And to show how silly that 1/10 of a cent is, I just noticed I don't even have a cent symbol on my computer,
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Your not trying to tell me that DST isn't giving me more daylight are you??!!
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03-10-2014, 08:28 AM
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#14
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Junior Member
Country Coach Owners Club
Join Date: Mar 2014
Location: Toquerville, UT
Posts: 7
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Art . ., the keyboard alternate code for ¢ is [Alt][0162].
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