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Old 03-05-2011, 06:10 PM   #1
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Cool Ever wonder what the underground gas tanks look like?

They are rebuilding two gas stations nearby. I drive by these places daily and it seems like a pretty big job. Anyway, I caught a picture of the tanks before they were to be placed underground. The pictures don't really do them justice. They were absolutely enormous. I thought it is pretty cool.

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Old 03-05-2011, 06:16 PM   #2
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Re: Ever wonder what the underground gas tanks look like?

So when prices shoot up overnight, it's because the gas already sitting in those tanks became magically more expensive?





No, I don't complain when the price goes down, just curious how the system works.
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Old 03-05-2011, 06:19 PM   #3
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Re: Ever wonder what the underground gas tanks look like?

Looks like its "ribbed". Probably expensive like the gas itself.....
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Old 03-05-2011, 06:54 PM   #4
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Re: Ever wonder what the underground gas tanks look like?

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Originally Posted by CaliChevyLover View Post
So when prices shoot up overnight, it's because the gas already sitting in those tanks became magically more expensive?





No, I don't complain when the price goes down, just curious how the system works.
I don't understand that either. The gas they have in the tanks is already paid for, so it should take some time for the more expensive gas to reach the station yet the prices go up over night. Now when the price of oil goes down, it takes months for prices to drop a dime or two

But that is not the point of this thread If you look in the third picture, there is another tank on a seperate truck. I am assuming they have a tank for each grade of gas although there were only two tanks there at the time.
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Old 03-05-2011, 06:56 PM   #5
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Re: Ever wonder what the underground gas tanks look like?

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I don't understand that either. The gas they have in the tanks is already paid for, so it should take some time for the more expensive gas to reach the station yet the prices go up over night. Now when the price of oil goes down, it takes months for prices to drop a dime or two

But that is not the point of this thread If you look in the third picture, there is another tank on a seperate truck. I am assuming they have a tank for each grade of gas although there were only two tanks there at the time.
Sorry if I derailed it. Just a thought that popped into my head. Shouldve used the random thought thread.
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Old 03-05-2011, 07:10 PM   #6
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Re: Ever wonder what the underground gas tanks look like?

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Originally Posted by Slappy3243 View Post
I don't understand that either. The gas they have in the tanks is already paid for, so it should take some time for the more expensive gas to reach the station yet the prices go up over night. Now when the price of oil goes down, it takes months for prices to drop a dime or two

But that is not the point of this thread If you look in the third picture, there is another tank on a seperate truck. I am assuming they have a tank for each grade of gas although there were only two tanks there at the time.
I believe they use one for lowest grade (87), one for highest (93) and blend for the middle ones.
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Old 03-05-2011, 07:16 PM   #7
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Re: Ever wonder what the underground gas tanks look like?

The gas in the tanks isn't already paid for. Gas is "leased" by the day, and its sold at the cost of the gas by that day. So lets say gas is 3$ at 9am on Monday, the gas station would charge 3.15$ on Monday. The gas supplier would call on Tuesday and say gas went down to 2.40$ that day. The gas station will keep gas at 3.15$. (More or less.)

That above situation happened during Katrina when I worked at a service station. The gas supplier called and told us what price to set it at, even though during the entire disaster actual gasoline prices didn't rise. It was done to try and lower demand, they called it. I called it price gouging
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Old 03-05-2011, 07:20 PM   #8
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Re: Ever wonder what the underground gas tanks look like?

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The gas in the tanks isn't already paid for. Gas is "leased" by the day, and its sold at the cost of the gas by that day. So lets say gas is 3$ at 9am on Monday, the gas station would charge 3.15$ on Monday. The gas supplier would call on Tuesday and say gas went down to 2.40$ that day. The gas station will keep gas at 3.15$. (More or less.)

That above situation happened during Katrina when I worked at a service station. The gas supplier called and told us what price to set it at, even though during the entire disaster actual gasoline prices didn't rise. It was done to try and lower demand, they called it. I called it price gouging
Thank you for the explanation!
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Old 03-05-2011, 07:36 PM   #9
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Re: Ever wonder what the underground gas tanks look like?

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Looks like its "ribbed".
For your pleasure. We might as well enjoy is while we're being ****ed up the ***
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Old 03-05-2011, 11:12 PM   #10
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Re: Ever wonder what the underground gas tanks look like?

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Sorry if I derailed it. Just a thought that popped into my head. Shouldve used the random thought thread.
It's cool. Sometimes the board can get a little heated over gasoline and all hell breaks loose
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Old 03-06-2011, 07:56 AM   #11
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Re: Ever wonder what the underground gas tanks look like?

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I believe they use one for lowest grade (87), one for highest (93) and blend for the middle ones.
How would that work here? Our 89 and 91 have 10% Ethanol, 87 does not.
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Old 03-06-2011, 08:04 AM   #12
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Re: Ever wonder what the underground gas tanks look like?

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How would that work here? Our 89 and 91 have 10% Ethanol, 87 does not.
so they say...
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Old 03-06-2011, 09:03 AM   #13
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Re: Ever wonder what the underground gas tanks look like?

With those tie-downs, it looks like a gigantic resistor.
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Old 03-06-2011, 09:25 AM   #14
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Re: Ever wonder what the underground gas tanks look like?

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How would that work here? Our 89 and 91 have 10% Ethanol, 87 does not.
In that case, I suspect they have one tank of 87, and one tank of a ethanol, or ethanol-blended premium, which they add in the proper proportion to get the intended octane. Pure Ethanol is like 108 RON. In that case, though, the 89 and 91 could not both be exactly E10.
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Old 03-06-2011, 11:42 AM   #15
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Re: Ever wonder what the underground gas tanks look like?

cool.
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Old 03-06-2011, 11:42 AM
 
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