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I've always assumed that it was due to some weird federal tax. But the truth is, nobody knows for sure. Theories abound, but none are definitive. The Mail Tribune newspaper in Medford, Oregon, quotes Craig Randolph, an oil company's V.P. of retail operations. He says the nine-tenths of a cent is just a marketing gimmick that likely begun during the 1970 "gas wars." Over the years, it became the standard. This site on Arizona gas prices offers a different theory. It argues that the precision of nine-tenths gives motorists a "false sense of accuracy" over their purchase. It goes on to state that this method of pricing "requires that almost all purchases be rounded to the nearest whole cent," which benefits oil companies
What else can I help you with?
How is gas priced in Canada by the liter used the imperial gallon or by the standard liter?
Gas is priced by the litre in Canada. There is only one kind of litre
What is the possible solution for gas priced?
increase the usage of solar energy and reduce the usage of gas...
Are there reasonably priced retailers of gas fireplace logs online?
Yes, there are many sites that you can get reasonably priced gas fireplace logs. You can try nextag or amazon both of which are good places to start your search.
How much is a gallon of gas in moscow?
Gasoline is priced at $3.65.9 in Moscow, Idaho, where I live.
Where are places to find decimals?
Money is one example. Just go to Walmart. Everything is priced 3.97, 8.79, etc. Gas stations: gasoline is 2.699 per gallon, for example. The little 9 in 2.699 means 9/10 of a cent. When you're pumping the gas, most digital readout pumps display to the thousandths of a gallon.
Why do gas prices end with a fraction?
Lets say the gas price is 5.00 9/10. The 9/10 indicates the 9/10th of a penny. This means that for every ten gallons, you need to pay 9 cents more. If your car can fill up 30 gallons, then the actual price will be $150.27. By doing this to many cars around gas stations everywhere, it's easy to make slightly more money.
Darin spent 8.40 for gasoline He saw gas priced at 1.40gal and 1.60gal How many gallons could he have bought at either place?
He could have bought 6 gallons priced at $1.40 per gallon, or 5.25 gallons priced at $1.60 per gallon for the $8.40 that he spent.
How much was gas in 1956?
The average price for a gallon of gas in 1956 was about 23 cents. The average American working in a factory made about $4,500 a year. Gas was probably considered high priced back then too.
Do any clocks project the time on the wall?
There are many clocks which project the time onto a surface like the wall or ceiling. They are generally low priced like the jWIN clock radio priced at $9.
How is natural gas priced?
Natural gas is priced based on supply and demand dynamics, as well as factors such as production costs, storage levels, weather conditions, and geopolitical events. The most commonly used benchmark for natural gas pricing is the Henry Hub spot price in the United States, which reflects trading at a major natural gas hub in Louisiana. Additionally, long-term contracts and futures markets also influence natural gas pricing.
What is 80 percent off of 45.00?
45 x .8 = 36, and 45 - 36 = 9. So an item regularly priced at $45, with 80% off, is $9.
Are Smart cars unpopular?
yes they are, they are an over priced piece of junk, retailers say they are good but actually they are gas guzziling twinkie cars!
