Texas Hunting Forum

9/10ths of a cent

Posted By: Paluxy

9/10ths of a cent - 06/02/22 11:56 AM

Why do gas stations hang on to this nonsense. Round up already.
Posted By: Biscuit

Re: 9/10ths of a cent - 06/02/22 12:52 PM

Good question
Posted By: 68rustbucket

Re: 9/10ths of a cent - 06/02/22 01:27 PM

Federal part of fuel tax? confused2
Posted By: hook_n_line

Re: 9/10ths of a cent - 06/02/22 01:51 PM

What does it even look like, Does it evaporate if that much leaks out?
Posted By: JimBridger

Re: 9/10ths of a cent - 06/02/22 02:04 PM

It was a sales gimmick adopted years ago when a penny mattered.
Posted By: Dry Fire

Re: 9/10ths of a cent - 06/02/22 04:44 PM

Originally Posted by Pappybear
It was a sales gimmick adopted years ago when a penny mattered.


This. I remember my Dad driving past a station that had gas for .60. He knew the next station had gas for .59. Today, the difference between $4.39 and $4.40 isn't worth the extra drive.
Posted By: Adchunts

Re: 9/10ths of a cent - 06/02/22 05:24 PM

It’s all about psychology. Same reason grocery stores price items at $12.98 instead of $13.00. Applies to new cars and most any retail items as well.
Posted By: Texas buckeye

Re: 9/10ths of a cent - 06/02/22 05:53 PM

Originally Posted by Dry Fire
Originally Posted by Pappybear
It was a sales gimmick adopted years ago when a penny mattered.


This. I remember my Dad driving past a station that had gas for .60. He knew the next station had gas for .59. Today, the difference between $4.39 and $4.40 isn't worth the extra drive.


At todays prices it isn't worth going past a station with gas 10 cents higher.

I always did get a kick out of the people who wouldn't go to a gas station for a penny or 5 difference. In the typical 20 gallon tank, 5 cents is only a dollar difference. Even at 10 cents, its only 2 dollars difference.. With the prices now, 20 gallons at 10 cents difference is only a 2% difference or less (much less in CA, NY). Much bigger deal when gas is sub a dollar, but at 4+ dollar gas, 10 cents is silly to worry about.

I know, every dollar counts.
Posted By: reeltexan

Re: 9/10ths of a cent - 06/02/22 05:55 PM



Competition helps keep prices in check.
Reward those that sell for less if the item is the same.
Posted By: hopalong

Re: 9/10ths of a cent - 06/02/22 06:25 PM

Originally Posted by Pappybear
It was a sales gimmick adopted years ago when a penny mattered.



look at vehicles too, my 14 f150 had a window price of 49,999.00 but at least it wasn't 50 thousand.

people are weird.
Posted By: hopalong

Re: 9/10ths of a cent - 06/02/22 06:27 PM

Originally Posted by reeltexan


Competition helps keep prices in check.
Reward those that sell for less if the item is the same.



way back when I started driving in the 60s you could literally sit on a corner and watch the gas wars, one station would drop price by a penny, next by 2 and so on till they were probably selling at cost or a couple of cents above. I really, really miss the 18c a gal. gas. grin
Posted By: reeltexan

Re: 9/10ths of a cent - 06/02/22 09:43 PM


I remember them too.
Saw gas once in old downtown Richardson for $.14 a gallon.
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