Comments on: Gas and 9/10 Cent: What Difference Does It Make?

By: Xander Crews

Xander Crews — Wed, 28 Mar 2012 19:16:39 +0000

Or, they could just not tack on the fractions of a cent and price their overpriced product like everyone else prices theirs.

Let’s say you go to a gas station and the gas is $4.14 9/10 per gallon. You buy 1 gallon of gas, and pay $4.15 in cash. Try asking for your 1/10th of a cent in change. It should be yours, but no…they “round up”.

“Rounding Up”…? How is that legal? Who else does that? If something I buy is $3.88 after tax, I am not charged $4.00. I’m charged $3.88.

Oil companies or gas stations or whoever tacks those fractions of a cent on need to start charging the consumers exactly what they are advertising the price as being…and better yet, eliminate the stupid tenths of a cent. We don’t carry around coins worth 1/10th of a cent, so how can they be allowed to price something like that?

Rounding up costs consumers billions in overcharges every year.

By: K. Yayese

K. Yayese — Wed, 01 Jun 2011 19:35:02 +0000

Uh… yeah. The 9/10ths is a remnant of a tax for the construction of the Alaskan pipeline. It’s just too small a fry for anyone to take the time to repeal.

By: D. Sitarz

D. Sitarz — Fri, 21 May 2010 19:27:50 +0000

When the 9/10th per gallon first began, it made a difference as gasoline as penny’s per gallon. Today… every dealer does it, and it is a minute fraction of the cost per gallon. If you see $3.29-9/10th and the dealer across the street is selling for $3.30-9/10th… there is a penny difference. Just ignore the 9/10th because it does not make a difference… it’s the cent figure that is important. And if every seller does it (which they do), the oil companies are not stealing pennies… it’s the way it is, period.

By: wayne

wayne — Thu, 14 May 2009 01:25:13 +0000

I was just reading the wisegeek site, and the figures you quote are off by a magnitude of ten. It’s actually 140+ million, not 1.4 billion, and the 170 million +- figure they showed was only after a theoretical carrying of the practice to the hundredth of a cent instead of just a tenth.

By: Stan Jacobs

Stan Jacobs — Wed, 30 Jul 2008 21:26:03 +0000

In the late 1040′s, their was a gas war. they were selling gas at 15.3 cents a gallon (not sure what the price of gas was)when some stores were selling gas at 16.00 cents/gallon. others sold it at 15.99 ents per gallon. when you are traveling at 40 miles/hour, you see a sign for 15 cents, you stop to get the gas. lets face it, one penny saved per gallon and if you get 15 gallons. thats one gallon of gas free.

By: Miranda

Miranda — Wed, 26 Mar 2008 01:55:48 +0000

An interesting post. This is an issue for a lot of people. It may not tack on a lot, but some folks really think about it as the cost of gas goes up and cuts into family budgets.