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Jay Peak bombshell

bigbob

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This is not how it works in my industry and I suspect most industries relying on global commodities. We always price based on replacement cost. In other words when building a quote, we use the cost to replace the raw material not the legacy cost to purchase the material. Using legacy cost would expose the company to the very real risk of being unable to replace depleted inventory.

The most visible example is gas stations. Gas stations change their prices based on the next tanker of fuel not the last delivery. This is the reason prices can change daily despite irregular deliveries.
From what I understand unless the station is owned by the oil company producing the product they cannot change the price till the next delivery. So Mom and pop have to wait till the next tanker fills the tank, but Exxon Mobile can change daily with market pricing. I would assume this also applies to Irving since they are a refiner, but do not drill.
 

cdskier

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From what I understand unless the station is owned by the oil company producing the product they cannot change the price till the next delivery. So Mom and pop have to wait till the next tanker fills the tank, but Exxon Mobile can change daily with market pricing. I would assume this also applies to Irving since they are a refiner, but do not drill.

I've never heard of that at least in NJ. As far as I know, every station here can change prices once per day.
 

bigbob

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I've never heard of that at least in NJ. As far as I know, every station here can change prices once per day.
Could be a NH thing. You can't pump your own gas in NJ, so states must have some differing laws relative to gas stations. Only state I have heard of where you can't self serve.
 

kbroderick

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Could be a NH thing. You can't pump your own gas in NJ, so states must have some differing laws relative to gas stations. Only state I have heard of where you can't self serve.
Oregon required attendants to pump gas until 2023. I'm not a big fan of that.
 

cdskier

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Could be a NH thing. You can't pump your own gas in NJ, so states must have some differing laws relative to gas stations. Only state I have heard of where you can't self serve.

I hate not being able to pump my own gas here. Yet every time they propose even allowing the option to offer self-serve...people in this state freak out. Boggles my mind the excuses people come up with for why we can't possibly allow pumping our own gas.
 

deadheadskier

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I worked for NJ based companies for 12 years. Occasionally I would forget about the law when visiting corporate and just get out and start pumping my own gas. Usually the attendants wouldn't care

It's dumb. Mass also had the stupid no pump handle lock law until not too long ago.
 

SkiingInABlueDream

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Wow, fucking NJ. I'll have to remember to avoid getting gas there, not that I'm at all likely to go there. I like my car and don't think I could ever trust some minimum wage probably stoned gas pumper dude to not spooge gas or bang up the side of my car with the nozzle😅

As for Mass, I think it's been at least 15 maybe 20 years since they started to allow pump handle locks. But yeah, I hated that sooooo much. I kept a baseball in my car to jam in the pump handle so I wouldn't have to hold it. I don't mind standing there and making sure the pump stops when it should. But I frigging hated holding pump handles.
 
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kbroderick

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Wow, fucking NJ. I'll have to remember to avoid getting gas there, not that I'm at all likely to go there. I like my car and don't think I could ever trust some minimum wage probably stoned gas pumper dude to not spooge gas or bang up the side of my car with the nozzle😅

As for Mass, I think it's been at least 15 maybe 20 years since they started to allow pump handle locks. But yeah, I hated that sooooo much. I kept a baseball in my car to jam in the pump handle so I wouldn't have to hold it. I don't mind standing there and making sure the pump stops when it should. But I frigging hated holding pump handles.
I've been on a motorcycle and had a NJ attendant turn on the pump and hand me the nozzle. Apparently they weren't any more a fan of trying to fuel up my motorcycle for me than I was.
 

jimmywilson69

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I've literally had gas pumped into my car in Jersey numerous times without incident... Even a minimum wage, stoned gas pumper dude can do it... :ROFLMAO::ROFLMAO:

Also since I'm a fan of Ween and this thread is completely off track, they wrote a song about being a gas station attendant. Pumpin for the Man


 

jaytrem

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I hate the NJ no self-serve law. Could at least make it optional and always have an attendant on duty. A lot of places you can pump even if you wanted to since the attendant has to swipe every time.

NJ also has some whacky fuel laws that don't allow discounts. I'm baffled on how they work. Example, at Speedway yo can get points for buying gas, but you can't get the standard immediate discount you get in other states. I can also get points at Exxon/Mobil. Then there is Upside, no NJ gas station discounts. I save a ton of money in other states with Upside, at least it's good for restaurants in NJ.
 

crank

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I dunno. I am old enough to remember a gas shortage in the mid 70's when you could fill up if you had a lift ticket to show you skied at a nearby hill that day.
 

skiur

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Easy enough to google it. Looks like the law was written as much for price protection for small stations vs the emerging mega self serve stations. With a safety banner to help sell it.

At least NJ has the cheapest gas in some areas - notably Port Jervis off I84 vs PA or NY.


NJ used to have the cheapest gas in the Northeast until about 10 years ago. It used to be close to a dollar cheaper than NY gas but now the difference is only a couple cents. I remember getting Jersey gas for $0.89 a gallon in the late 90s.
 

BenedictGomez

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Easy enough to google it. Looks like the law was written as much for price protection for small stations vs the emerging mega self serve stations. With a safety banner to help sell it.
That's mostly correct. Full-service was the norm regardless of Mom-and-Pop or "mega" stations. Then this guy (I want to say it was in Hackensack, but definitely somewhere near the city) in the late 1940s started self-service and offered his gas cheaper basically passing on some of the labor savings to his fuel customers. The full-service stations thought this was a threat to their business model, and one or more of them were politically connected (as Jersey as ever) & had the law passed. I remember hearing all about this story on a news hour on NJ 101.5 when I was pretty young. His wife or daughter was on & claimed he took the anger from this injustice to his death bed.

What's sociologically interesting about it is most New Jersey residents who grew up being used to this situation want to KEEP that law, because they view it as their God-given right to not have to pump gas. I will say it is nice when it's 15 degrees with blowing wind or pouring rain, but other than that I'd prefer to just do it myself & save time.
 

bigbob

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NJ used to have the cheapest gas in the Northeast until about 10 years ago. It used to be close to a dollar cheaper than NY gas but now the difference is only a couple cents. I remember getting Jersey gas for $0.89 a gallon in the late 90s.
State fuel tax took a big jump. So where does all that money go, better roads? In NH we got a small increase and it had to go to road paving.
 
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