Announcement

Collapse
No announcement yet.

"Gas war: price drops to 10-cent on the gallon in Ohio town"

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • "Gas war: price drops to 10-cent on the gallon in Ohio town"

    DAYTON, Ohio (<a href="http://dailynews.yahoo.com/htx/ap/20011201/us/cheap_gas_1.html">AP</a>) - Two competing grocery stores have been creating traffic jams with an old fashioned gas war - and old fashioned prices, as low as a dime a gallon.

    Kroger, the nation's largest grocery chain, opened a new store Thursday about a quarter mile from a Meijer's store. Both stores, as part of a growing trend toward one-stop shopping, have gas pumps outside.

    The price war began heating up within a few hours of the Kroger store's opening. As soon as one station dropped its price, the other countered with a lower price.

    By 3 p.m., the price was 42 cents a gallon. By evening, gas was going for 10 cents a gallon.

    ``I've never seen people lined up to buy gas like this,'' said Sandra Ralph, 60, of Dayton, in line at Meijer's. ``It's a fantastic publicity stunt.''

    Gerald Harris, 25, and his brother Matt, 19, of Dayton, headed to Kroger.

    ``You have to take advantage of it while you can,'' Matt Harris said. ``Gas may never be this cheap again.''

    As lines grew longer, patience was short. Montgomery County Sheriff's deputies kept an eye out to break up fights and try to maintain traffic flow.

    Brenda Bauer, manager of the Meijer station, estimated that more than 1,000 people bought the cheap fuel at the station.

    ``The longer you wait in line, the cheaper the gas gets,'' Bauer said. ``There's a deal there.''

    On Friday morning, the price of gasoline at the Meijer was back up to $1.12 a gallon. But by noon, it was down to 71 cents a gallon, and it fell to 51 cents by early evening.

  • #2
    That's nuts.. they are competing to see how much money they can lose.

    Almost as dumb as the Intel-AMD game.

    Comment


    • #3
      We pay ~1$/L
      According to the latest official figures, 43% of all statistics are totally worthless...

      Comment


      • #4
        Originally posted by Guru
        We pay ~1$/L
        A bit more than that here, although the last month or so has seen it down by ~10pence/litre - the lowest since early 1999!

        Comment


        • #5
          here there is a war as well...gas is $0.99 a gallon now....2 towns involved now......


          -Dil
          Better to let one think you are a fool, than speak and prove it


          Comment


          • #6
            Uhhhh.....don't think so.

            Look here;



            Kroger owns the Fred Meyer jewelers.

            Meijers Inc. was at last word here a privately held Grand Rapids, MI based retailer known for their huge (150,000 to 250,000 sq. ft.) Meijers Thrift Acres and Meijers Fresh discount stores.

            Dr. Mordrid
            Last edited by Dr Mordrid; 2 December 2001, 18:40.
            Dr. Mordrid
            ----------------------------
            An elephant is a mouse built to government specifications.

            I carry a gun because I can't throw a rock 1,250 fps

            Comment


            • #7
              well I don't feel so bad paying 49 cents canadian per litre here then if you have to pay a buck a litre in Finland. That is horrible.
              AMD XP2100+, 512megs DDR333, ATI Radeon 8500, some other stuff.

              Comment

              Working...
              X