High gas prices - a windfall - Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars
Ford Forum Ford Forum

» Auto Insurance
» Featured Product
ยป Wheel & Tire Center

Go Back   Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars > Fordforums Community > USENET NewsGroups > rec.autos.makers.ford.mustang
Register Home Forum Active Topics Photo Gallery Auto Loans Garage Mark Forums Read Auto Escrow

FordForums.com is the premier Ford Forum on the internet. Registered Users do not see the above ads.
Reply
 
LinkBack Thread Tools Display Modes
Old 09-12-2005, 04:01   #1 (permalink)
Bob Willard
Guest
 
Posts: n/a
High gas prices - a windfall

Guess who makes out when the price of gas shoots up?

The credit card companies charge a flat percentage of the price of
the gas sold (usually 2-3%). So, when gas prices change from
$2.50/gal to $3.50/gal, the Amex/Visa/MC/etc. gang love it. Arrrgh.
--
Cheers, Bob
  Reply With Quote
Sponsored Links
Advertisement
 
Old 09-12-2005, 06:01   #2 (permalink)
Ritz
Guest
 
Posts: n/a
Re: High gas prices - a windfall

Bob Willard wrote:
> Guess who makes out when the price of gas shoots up?
>
> The credit card companies charge a flat percentage of the price of
> the gas sold (usually 2-3%). So, when gas prices change from
> $2.50/gal to $3.50/gal, the Amex/Visa/MC/etc. gang love it. Arrrgh.



Yep, inflation helps them in every market. When NY and the feds charge
a NY consumer almost 60 cents a gallon in tax, they're getting their 3%
of that too. The credit card companies love sales tax hikes as much as
they like inflation...but there's no outcry here since those companies
are making HUGE donations to political parties/politicians/PACS. Hmmmm

Cheers,


  Reply With Quote
Old 09-12-2005, 16:01   #3 (permalink)
fordman3@hotmail.com
Guest
 
Posts: n/a
Re: High gas prices - a windfall

On Mon, 12 Sep 2005 06:35:13 -0400, Bob Willard
<BobwBSGS@TrashThis.comcast.net> wrote:

>Guess who makes out when the price of gas shoots up?
>


warman and i do

h
u
r
c
a
s
rt

  Reply With Quote
Sponsored Links
Advertisement
 
Reply

  Ford Forums - Mustang Forum, Ford Trucks, Ford Focus and Ford Cars > Fordforums Community > USENET NewsGroups > rec.autos.makers.ford.mustang



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are Off
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Powered by vBadvanced CMPS v3.2.2

All times are GMT -7. The time now is 21:15.



Powered by vBulletin® Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0
Garage Plus vBulletin Plugins by Drive Thru Online, Inc.