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Picture of Pipe Smoker
posted
Might’ve been reasonable when gas was 12¢ per gallon, but not now. I generally oppose government interference in the market, but would welcome a federal law requiring gas to be priced at 1¢ resolution for new pumps and new gas price signs. Would be a nice simplification, universally appreciated by consumers.



Look about you.
 
Posts: 5246 | Location: San Diego | Registered: July 26, 2014Reply With QuoteReport This Post
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I can’t see why it would matter one way or the other. It’s always rounded to a penny for the total price, so what difference does it make? Seems more like a marketing gimmick than an issue.
 
Posts: 557 | Location: NE Indiana  | Registered: January 20, 2011Reply With QuoteReport This Post
On the DL
Picture of V-Tail
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A federal law for that?

Really?



A mind is a terrible thing.
 
Posts: 22117 | Location: Central Florida (near Orlando) | Registered: January 03, 2010Reply With QuoteReport This Post
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Amoco: OK, we'll price at 1 cents resolution, if you all will. You go first.

Chevron: NO, you go first.

BP: Y'all go first.


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Posts: 10956 | Location: Florida | Registered: June 23, 2003Reply With QuoteReport This Post
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Its difficult carrying around all those pennies I cut up into 10 pieces. I have yet to find a change holder to accommodate. Razz


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Posts: 4214 | Location: Pittsburgh, PA, USA | Registered: February 27, 2001Reply With QuoteReport This Post
Freethinker
Picture of sigfreund
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Although it makes absolutely no sense today, I always assumed it was a marketing thing, not something that was mandated by the government. And the fact is that it works with many people. I have heard countless references to something like $29.95 as “It costs twenty dollars,” or $599 as “It’s about five hundred.”




“The terror of the Roman arms added weight and dignity to the moderation of the emperors. They preserved peace by a constant preparation for war; and while justice regulated their conduct, they announced to the nations on their confines, that they were as little disposed to endure, as to offer an injury.”
— Edward Gibbon, The Decline and Fall of the Roman Empire
 
Posts: 40709 | Location: 10,150 Feet Above Sea Level in Colorado | Registered: April 04, 2002Reply With QuoteReport This Post
safe & sound
Picture of a1abdj
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quote:
I have heard countless references to something like $29.95 as “It costs twenty dollars,” or $599 as “It’s about five hundred.”



I agree that it's marketing, but at least in your example one can pay the advertised price because it is advertised in US currency.

1/10 cents do not exist. How can one pay a fractional cent for a product when it's not a measure of currency? How would a bank handle a check written out for 9/10th of a cent?

The last fractional cent was the half cent, last minted in 1857.


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Posts: 13912 | Location: St. Charles, MO, USA | Registered: September 22, 2003Reply With QuoteReport This Post
Non-Miscreant
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Look, they do it to deceive you. While we all know what they're doing, we still go to those places. The government is too involved in our lives as it is. We have politically correct people who would find a way to sue the rich oil companies, never looking at the taxes that get a much bigger slice of the price. Won't be long before they'll just leave off the cents and rounding it to the nearest dime. Or dollar.


Unhappy ammo seeker
 
Posts: 16705 | Location: Kentucky, USA | Registered: February 25, 2001Reply With QuoteReport This Post
I Am The Walrus
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quote:
Originally posted by sigfreund:
I have heard countless references to something like $29.95 as “It costs twenty dollars,” or $599 as “It’s about five hundred.”


That's the type of shit my wife does and it irks me to no end because she's not the one having to pay for stuff.


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Edmond
 
Posts: 10348 | Location: Central Florida | Registered: March 12, 2005Reply With QuoteReport This Post
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I simply use farthings, 4 farthings to a penny. “And not a farthing more!” Edward the VIII.
 
Posts: 3547 | Location: west 'by god' virginia | Registered: May 30, 2009Reply With QuoteReport This Post
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quote:
Originally posted by a1abdj:
quote:
I have heard countless references to something like $29.95 as “It costs twenty dollars,” or $599 as “It’s about five hundred.”



I agree that it's marketing, but at least in your example one can pay the advertised price because it is advertised in US currency.

1/10 cents do not exist. How can one pay a fractional cent for a product when it's not a measure of currency? How would a bank handle a check written out for 9/10th of a cent?

The last fractional cent was the half cent, last minted in 1857.


Well, it's always rounded up to the nearest penny...….of course. LOL
 
Posts: 18371 | Registered: June 12, 2005Reply With QuoteReport This Post
H.O.F.I.S
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Look at your electric bill. Electric is priced by the kilowatt. The price is carried out 3 or 4 decimal points though you're always billed to the penny. Wonder which way that's rounded off?



"I'm sorry, did I break your concentration"?
 
Posts: 1311 | Location: Above water | Registered: September 16, 2009Reply With QuoteReport This Post
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Picture of arcwelder
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This?

This is what you have to bitch about?

You have it good. Quit your bitchin. If you don't like it, make your own damn gas.


Arc.
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Posts: 26302 | Location: On fire, off the shoulder of Orion | Registered: June 09, 2004Reply With QuoteReport This Post
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OK, I fill up once a week. Let's say every time I fill up I go 1/10 of a cent over and the gas company rounds it up so they overcharge me by 9/10 of a cent. That translates into an excess charge of 46.8 cents a year. OK, bilked again, 47 cents a year. I am 64 and have been driving for 48 years. In the course of my driving history the most I could have been bilked for is $22.56. I will not be losing sleep over this one.
 
Posts: 247 | Location: North of Pittsburgh, PA | Registered: January 29, 2013Reply With QuoteReport This Post
Run Silent
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Picture of Patriot
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quote:
....universally appreciated by consumers.


I think not... most don’t give a flying-fuck, two-shits, or a rats-ass.


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Posts: 5805 | Location: South East, Pa | Registered: July 04, 2002Reply With QuoteReport This Post
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Let the Democrats propose this for new Federal law and waste time. It might distract them from any anti-gun BS.
 
Posts: 993 | Registered: October 30, 2010Reply With QuoteReport This Post
On the DL
Picture of V-Tail
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quote:
Originally posted by SPWAMike0317:

In the course of my driving history the most I could have been bilked for is $22.56. I will not be losing sleep over this one.
That is the cost of a couple boxes of range ammunition, or a small box of carry-quality ammunition.

That is a serious amount of money! Wink



A mind is a terrible thing.
 
Posts: 22117 | Location: Central Florida (near Orlando) | Registered: January 03, 2010Reply With QuoteReport This Post
safe & sound
Picture of a1abdj
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I make it up at the local station's diesel pump. It has a cut off of $85.00 when using a card. Unlike all of the other pumps that slow down to a penny a second the last dollar, this pump runs full bore until $85 then kicks off.

Total on the pump is usually $85.15-$85.20. Amount billed to card $85.00.


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Posts: 13912 | Location: St. Charles, MO, USA | Registered: September 22, 2003Reply With QuoteReport This Post
thin skin can't win
Picture of Georgeair
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Just when I thought y'all wouldn't come up with something I could actually care even less about than the last silly thing. Razz



You only have integrity once. - imprezaguy02

 
Posts: 9944 | Location: Madison, MS | Registered: December 10, 2007Reply With QuoteReport This Post
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quote:
Originally posted by arcwelder:
This?

This is what you have to bitch about?

You have it good. Quit your bitchin. If you don't like it, make your own damn gas.


I make a lot of my own gas, but my truck won't run on it and my girlfriend really hates the smell of it!!!!! Big Grin

HAHAHAHA
 
Posts: 18371 | Registered: June 12, 2005Reply With QuoteReport This Post
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