by jdmartin » Fri 09 Jun 2006, 00:32:41
$this->bbcode_second_pass_quote('jmacdaddio', 'T')raffic at gas stations appears to be normal, perhaps a little light. I can't remember the last time I had to wait to fill my tank, or more appropriately, have my tank filled because I live in one of the two states that forbid self-serve.
However, I've noticed that traffic at unbranded stations and at stations which aren't branded by oil companies are jam packed. Usually these stations sell their gas at a 5 to 8 cent discount over name brand fuel, but not always.
Why is it that people are willing to wait as long as 10-20 minutes to save 6 cents a gallon? On a 15 gallon car that's a whopping 90 cents savings versus going to a name brand outfit. My time is worth more to me than having to wait 20 minutes to save 90 cents. Add in the gas spent idling while waiting in line, time and gas spent driving out of one's way to get to the "cheap" gas, and it's not worth it.
Everyday Americans are willing to go to insane lengths to save a pittance on gas, while they might not always shop around for the best deal on other staples like groceries and clothing. I believe it's because we're still addicted to the easy motoring lifestyle, and that the masses view high gas prices as price gouging by oil companies instead of supply and demand in action.
Even shopping around for the best deal might not be smart. If it costs about $.15 per mile to operate the average car around town (say 20mpg), and another $.15 per mile for the gas, you've got to save at least $.30 per mile just to break even. SO, you find a shirt close to home for $18. You drive 10 miles to Wallyworld plazarama and check Walmart, Target, etc, and end up getting a better deal on that shirt for $14. You saved 4 bucks, right? Nope - you spent $2 more ($.30 x 20 miles = $6.00 + $14 = $20, 2 bucks more than your original $18). Obviously, if you were also going to combine grocery shopping, etc, at the same place, then you might make up that $2 somewhere else. But even if you did make it up and then some - say you end up saving $4 total after you buy your groceries - is it worth all your time and effort? You're talking about saving, say, $200 in a year. Meanwhile, you had to drive across town, fight traffic, lug a year's worth of shit back to the car, and truck it all home.
As the previous poster said, most people don't do any type of cost-benefit analysis on anything.
After fueling up their cars, Twyman says they bowed their heads and asked God for cheaper gas.There was no immediate answer, but he says other motorists joined in and the service station owner didn't run them off.