#39217
Fri Feb 24 2006 09:51 PM
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Joined: Jan 2006
Posts: 124
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I was in a discussion the other day and they asked why they started the 1/10th digit and I could not answer him. Today they only use 9/10 but I have gotten pumps in the past that were set all diff. like 4/10 and 7/10. I told him I would find out so, I'm asking for your help. Can someone explain the history on this. Thanks, Allsho80
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Statements such as, "I'm thinking about selling this." are considered an offer to sell.
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#39218
Fri Feb 24 2006 10:05 PM
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They have to do this because of the Tax's.
Like when they up the tax 1/4 of a cent on gasoline - that will effect the 9/10 setting on the gas pump so it all evens out to an even cent.
Travis E. Towle Topeka, Kansas
785-357-1004
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#39219
Sat Feb 25 2006 12:39 AM
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Joined: Nov 2000
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If you ever took a course in advertisement you will learn that this is all hype. People don't want to spend $100.00 for something, but they will buy it for $99.00. Gas sold at 1.99 9/10 is a lot less than $2.00 per gallon. Jack Sim
Author, 1st & 2nd editions of Gas Pump ID book, 3rd edition is now available at www.gaspumpbible.comAir Meter ID book also available
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#39220
Sat Feb 25 2006 05:40 AM
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Joined: Jun 2004
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YEAH, BUT WHEN I SEE A SIGN FOR GAS PRICE OF $1.999, I SAY 2 DOLLARS. I ALWAYS ROUND IT UP. 1/10 OF 1 CENT ISN'T WORTH GETTING A MENTION! LOL!!
DOC @ TAG.WEST
DOC @ THE AMERICAN GARAGE
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#39221
Sat Feb 25 2006 08:10 AM
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Well I'm no expert, but I have NEVER seen a tax decal stating that the taxes equalled a fraction of a cent.... The fraction dates back to the competetive nature of the first gasolEne sales outlets. The fraction was added or subtracted for "pricing" reasons..... It has been since the beginning of gasoline sales, and has been an accepted form of pricing.
Anything Chevron I'd rather be flying.....
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#39222
Sat Feb 25 2006 01:21 PM
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How about those tax's on the gas today, last time I was in Denver at the oil marketers trade show they had those tax stickers, I am not sure but they were like 53 cents + per gallon.
Here in Topeka they just raised the state road tax 1/10 of a cent... It seems everyday they are raising taxs on something.
Travis E. Towle Topeka, Kansas
785-357-1004
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#39223
Sat Feb 25 2006 01:30 PM
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Trust me on this, I do know people like this.
If most of the town is selling at say 1.59.9 and someone puts theirs at 1.59.4, some folks will drive across town and burn more gas than they are saving, to get the deal...
maybe it was dolts, not folks...
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#39224
Sat Feb 25 2006 02:25 PM
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Joined: Sep 2005
Posts: 25
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There is pending legislation in several states to eliminate the partial cents. It seems to make sense, as 1 cent per gallon in todays prices is about equal to 1/10 cent per gallon 50 years ago.
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#39225
Sat Feb 25 2006 02:44 PM
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Posts: 485
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I agree with Jack Sim. There may have been pricing with a fraction of less than 9/10 in the early days of gasoline marketing. However, in the modern era all gasoline is sold with the 9/10 of a cent for marketing reasons. Just as Jack explained, the intend is to fool you into thinking it's a little cheaper (i.e., $1.99 9/10 vs. $2.00). Some may think it's misguided but it's still a valid marketing ploy. Any station would be foolish to buck the practice by using whole cents. Most consumers will only notice the price without the fraction.
That's my 1 9/10 cents!!
Paul
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#39226
Sat Feb 25 2006 04:07 PM
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here's more info from another website. They even link to OLDGAS.... http://www.users.qwest.net/~taaaz/AZgas.html#A%20LITTLE%20HISTORY
John
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#39227
Sat Feb 25 2006 09:11 PM
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Just back from a trip from California to Oklahoma and back through Colorado. Here you go: California 2.69.9, Arizona 2.49.9, New Mexico same as Arizona, now we get to Oklahoma at 2.29.9 and Oklahoma City 2.06.9, Kansas 2.42.9, Colorado back up to 2.49.9, didn't check Utah, Nevada 2.39.9 and back to being screwed in California. I read an article in USA Today and it said that gas was going to drop below 2.00 this past week. Well we sure didn't see it Ray
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