| | I wonder what's the current price of a gallon of gasoline in Liberia? |  |
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rberry
Number of posts: 437
Points: 197
Registration date: 2008-04-25
| | Subject: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 10:01 pm | |
| Taking into account the price of oil has more than halved since peaking at $147, what is the current price of a gallon of gasoline in Liberia?
highest peak $147 on the world Mkt -------- Gallon of gas in Liberia approx $4.25 US
Current price on the world Mkt $70.50----------- Gallon of gas in Liberia is ??????
highest peak $147 on the world Mkt -------- Gallon of gas in the US $4.35 US
Current price on the world Mkt 70.50 ---------- Gallon of gas in the USA avg $2.95 |
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Geyla Queen
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| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 10:19 pm | |
| Candy just said that it went down to $4.10
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LadyFlo
Number of posts: 2224
Location: Decatur, GA
Say Whatever: Luv me as I am cuz u can't be me and I can't and don't wanna be u!
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Registration date: 2008-04-22
| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 10:22 pm | |
| is that true CG? its now 4.10? |
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candygirl
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| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 10:37 pm | |
| yes...4.10 it was 4.65 a few weeks back
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bellah
Number of posts: 1571
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Points: 3217
Registration date: 2008-04-03
| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 10:42 pm | |
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rberry
Number of posts: 437
Points: 197
Registration date: 2008-04-25
| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 10:47 pm | |
| | Geyla Queen wrote: | | Candy just said that it went down to $4.10 |
Taking into account the current price of this product on the world market, $4.10 is absolutely unacceptable. It appears Harry and his folks at LPRC have no understanding of what's happening on the world market. They are just making up prices as they go, what a freaking shame... |
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LadyFlo
Number of posts: 2224
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Registration date: 2008-04-22
| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 10:47 pm | |
| | bellah wrote: |  |
y? wasn't it that high here few weeks ago? |
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LadyFlo
Number of posts: 2224
Location: Decatur, GA
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| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 10:49 pm | |
| | rberry wrote: | | Geyla Queen wrote: | | Candy just said that it went down to $4.10 |
Taking into account the current price of this product on the world market, $4.10 is absolutely unacceptable. It appears Harry and his folks at LPRC have no understanding of what's happening on the world market. They are just making up prices as they go, what a freaking shame... |
they'll tell u when the suppliers bought their gas the price was higher so they can't bring it below their paying price else they'll lose. i'm not sure if they even implement the price ceiling and floor system in LIB... |
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gadyu
Number of posts: 2243
Location: Watanga, Minnesota
Say Whatever: “Man is least himself when he talks in his own person. Give him a mask, and he will tell you the tru
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Points: 292
Registration date: 2008-04-10
| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 10:51 pm | |
| | rberry wrote: | | Geyla Queen wrote: | | Candy just said that it went down to $4.10 |
Taking into account the current price of this product on the world market, $4.10 is absolutely unacceptable. It appears Harry and his folks at LPRC have no understanding of what's happening on the world market. They are just making up prices as they go, what a freaking shame... |
Berry, suntin wrong with you. In the US, Gas is almost $2.50. How much would it possibly be in Liberia? Ten cents?  |
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Jocelyn
Number of posts: 323
Points: 42
Registration date: 2008-05-02
| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 10:55 pm | |
|  and I've been here complaining.... Jersey is btw $2.60 and $2.80 for regular... |
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rberry
Number of posts: 437
Points: 197
Registration date: 2008-04-25
| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 11:00 pm | |
| | gadyu wrote: | | rberry wrote: | | Geyla Queen wrote: | | Candy just said that it went down to $4.10 |
Taking into account the current price of this product on the world market, $4.10 is absolutely unacceptable. It appears Harry and his folks at LPRC have no understanding of what's happening on the world market. They are just making up prices as they go, what a freaking shame... |
Berry, suntin wrong with you. In the US, Gas is almost $2.50. How much would it possibly be in Liberia? Ten cents? |
$3.10 would be a reasonable amt, taking into acct the price on the world mkt has be going down over the past five weeks or so.....
About 15 months ago when this product was going at approx 85 on te world mkt, the price of fuel in Liberia was approx $3.25. Now that it's $70.00, one would expect a price adjustment to $3.10 or so....
It appears we have our own Liberian economy model of coming out of prices of products on the Liberian market. |
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candygirl
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Number of posts: 5911
Location: Monrovia, Liberia
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| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 11:09 pm | |
| | Jocelyn wrote: | | and I've been here complaining.... Jersey is btw $2.60 and $2.80 for regular... |
hadu!
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gadyu
Number of posts: 2243
Location: Watanga, Minnesota
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| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 11:11 pm | |
| Liberia is re-selling Berry. We are not going straight to OPEC. When you dont have the capital to buy the quantities, you then buy as a reseller. Buying as a reseller, makes your profit margin decrease. To cover your overhead requires that the bottom line be increased.
For example, read this:
How Crude Oil Prices Affects You: Crude oil prices most directly affect you in higher gasoline prices and higher home heating oil prices (primarily for those of you who live in the Northeast U.S.) Crude oil accounts for 55% of the price of gasoline, while distribution and taxes influence the remaining 45%.
Last edited by gadyu on Wed Oct 22, 2008 11:15 pm; edited 1 time in total |
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rberry
Number of posts: 437
Points: 197
Registration date: 2008-04-25
| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 11:15 pm | |
| | gadyu wrote: | | Liberia is re-selling Berry. We are not going straight to OPEC. When you dont have the capital to buy the quantities, you then buy as a reseller. Buying as a reseller, makes your profit margin decrease. To cover your overhead requires that the bottom line be increased. |
Reselling from who - What are you talking about my brother? Liberia buys this product from Nigeria at a price lower that the world market, so what are you talking about? The discount should trigger down to the masses. |
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candygirl
Admin
Number of posts: 5911
Location: Monrovia, Liberia
Say Whatever: Laughter is the best medicine
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Registration date: 2008-03-31
| | Subject: Re: I wonder what's the current price of a gallon of gasoline in Liberia? Wed Oct 22, 2008 11:21 pm | |
| economics 101  
_________________
For how can love attain true appreciation
if it has never weathered tribulation?
~MHK
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| | I wonder what's the current price of a gallon of gasoline in Liberia? | |
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