Recent articles in the Kansas City Star has shown that while retailers buy wholesale fuel at a standard temperature of 60 degrees, they can warm it up, causing it to expand. In this manner, they sell a much higher volume than they buy, plus once it gets into you tank, it cools back down reducing its volume. The result is you buy more fuel, more often.
In Sunday's KC Star, they also show how they get to keep the extra taxes paid on the expended fuel. Federal Highway Trust Fund taxes are collected at the wholesale level, not the retail, and an IRS loophole allows the stations to keep the extra tax money. In 1990, a study showed that of the tax money collected, less than 17% is actually spent on road repair and construction, but that is based on tax money actually received by the government. wonder how much less that figure would be when including what is never paid in?
So, what is the temperature of the fuel you bought recently?
2006-11-13 19:07:33 · 5 answers · asked by Anonymous in Social Science ➔ Economics
dantheman_028,
I did say the fuel was warmed up, so winter only makes the problem worse. Once in your fuel tank to reduces in size even further than in Summer, causing you to buy even more.
2006-11-13 19:13:41 · update #1
I was under the impression they correct for that to be within 15 degrees C at the pump. It would be a pretty simple thing to do!
2006-11-13 19:36:51 · answer #1 · answered by Ford Prefect 3 · 0⤊ 0⤋
Well with winter setting in I don't think the fuel is going to be 60 degrees, let alone anything above that. I'm sure that they do things of that nature though.
2006-11-14 03:10:31 · answer #2 · answered by dantheman_028 4 · 0⤊ 0⤋
That doesn't suprise me at all. Those people should be shot!
2006-11-14 03:15:30 · answer #3 · answered by idontknow 4 · 0⤊ 0⤋
I don't know
2006-11-14 03:11:43 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I have no idea, but I'm checking tomorrow! lol Thanks!
2006-11-14 03:10:10 · answer #5 · answered by dallygirl89 4 · 0⤊ 0⤋