I just did a Google search with the following argument: 9/10 gasoline
pricing.
One of the hits, http://www.users.qwest.net/~taaaz/AZgas.html#A%20LITTLE%20HISTORY,
is a very interesting discussion of this and many other aspects of gasoline
pricing and dispensing.
Bill Potts, CMS
Roseville, CA
http://metric1.org [SI Navigator]
>-----Original
Message-----
>From: Brian White [mailto:[EMAIL PROTECTED]]
>Sent:
Tuesday, July 29, 2003 09:40
>To: [EMAIL PROTECTED]; U.S. Metric
Association
>Subject: Re: [USMA:26457] RE: Fuel in the
US
>
>
>Thanks Bill, but if I remember right there were
specific reasons for it
>related to taxes or something of the sort.
It's definately a legacy thing
>completely unrelated to the (very
annoying) habit of labelling
>everything in
>retail
X.99.
>
>There's supposedly a real reason for it, which is what I'm
curious about.
>Anyone
know?
>
>
>
>---------- Original Message
-----------
>From: "Bill Potts" <[EMAIL PROTECTED]>
>To:
"U.S. Metric Association" <[EMAIL PROTECTED]>
>Sent: Tue, 29 Jul
2003 09:34:49 -0700
>Subject: [USMA:26457] RE: Fuel in the
US
>
>> Brian White wrote:
>> >Speaking of
that...does anyone know what the whole 9/10ths
>thing is about
>>
>with fuel prices in the US?
>>
>> It's what I've always
called the department store pricing syndrome.
>>
>> A
department store will price something at $99.98 or $99.99, leading
>>
many people (including my wife) to think of the price as being "not
>>
much more than $90."
>>
>> If a competitor priced the same
item at $100.00, and it was
>> something I needed, I would buy from the
competitor in appreciation
>> of their honesty -- and I would let them
know that. (Although if
>> another competitor offered the same item
for, say, $85.00 [or even
>> $84.99], I'd do the rational thing and buy
from them.)
>>
>> Gas stations are, of course, selling to the
same people as the department
>> stores.
>>
>> Bill
Potts, CMS
>> Roseville, CA
>> http://metric1.org [SI Navigator]
>------- End of
Original Message -------
