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Prices at the pump
By Susan Bachant

 

September 12, 2005
Monday


Mr. Fraley, maybe you should get your facts straight prior to attacking our local fuel retailers. Prices at the pump are set by the price given by OPIS for some stations at the time the barge arrives and for others based on the weekly OPIS rates. A barge arrived this last week and unfortunately the OPIS price at the time was significantly higher than previous prices. If you actually knew how fuel was calculated by the local retailers you would be amazed. There are state, federal, and local taxes, high insurance premiums and required inspections that cost money. I think you would be surprised to find that their profit margin is significantly lower than the profit margin for a gallon of milk or even a gallon of water

With the maybe the exception of a certain grocery chain-owned store the folks who own the retail gas stations here are good people who are out to make a decent living. They are not the millionaires you make them out to be.

Look to the cause, the oil companies themselves but don't attack our local people.

Susan Bachant
Ketchikan, AK - USA

 

Related Viewpoint:

letter Ketchikan Fuel Prices By John Fraley - Ketchikan, AK - USA

 

 

 

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