Gas prices out side La.
WHY is gas in Toledo Ohio $1.79 when it's not refined there?
I am on a fishing site for the Ohio area and the prices all over the state are cheaper than we have here. |
Gas prices out side La.
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Taxes. Government makes more on gas than oil majors Sent |
There are 5 refineries in Ohio including 2 in Toledo. Approx 20% of the US gasoline is refined in the mid-west.
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Marathon , Findlay ohio
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I checked the tax rate and it doesn't justify that big of a gap, they are only $.02 higher than Louisiana.
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It's all about marketing strategy, I asked the marketing guys at the refinery where I used to work and the answer that I got was "The price is set by whatever the market will bear".
The pump price has little to do with transportation or delivery costs. MidWest, PAD 2, does have 20% of US refining capacity, OHIO has only 3% of that. GulfCoast, PAD 3, has 51% of US refining capacity, Louisiana has 18% of that and Texas has 29%. It's not fair its whatever the market will bear. |
It's all about blending fuels and what the market will bear. Gas sold in LA is not the same gas sold in Ohio. And I would assume that most gas produced in Ohio never sees the pumps in Ohio.
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It's like 2.14$/g here on base and steadily going down. Found some about 40 miles northwest of us in Waverly for 1.99$/g
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$1.99 in kenner today, $2.04 in laplace
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When I am up north I see the base Octane is 85 and 86. I've never seen it below 87 in Louisiana. So the blend definitely has something to do with it.
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then why is gas 1.79 in grand lake but not lake Charles.
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