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Friday, 07/04/2008
Gas Price Backgrounder

Gas Price Backgrounder w/Notes (PDF)

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WV Motor Fuel Enforcement Tip Line
1-800-4FUELS-1
(1-800-438-3571)

The West Virginia Tax Department needs your help. Please report any motor fuel sales where WV motor fuel taxes have not been paid.  Fuel taxes fund highway construction and maintenance in the State. Failure to pay WV motor fuel taxes causes the State to lose highway funding, jobs and roadway improvements. If you suspect a business or individual is not collecting or paying WV motor fuel taxes, call the WV Motor Fuel Enforcement Tip Line.
Local gas station makes a change, and so does Visa
Monday, 06/30/2008
A Kanawha County gas station's protest of credit card transaction fees may have caught the attention of Visa.
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Local grocers welcome an additional 1 percent decrease in the state's sales tax on food
Thursday, 06/19/2008
The tax dip from 4 percent to 3 percent goes into effect July 1. State officials estimate the 1 percent decrease equates to about $25 million in annual savings to consumers.

"I would say it's a good things in today's world," said Gary Traugh, owner of several area Kompak stores. Traugh points out the estimated $25 million in savings may be a big number, but to consumers seeing a decline of 1 percent on some food purchases it's a small amount.
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Don't Blame Stores, Stations for Gas Prices
Thursday, 06/19/2008

It is hoped that consumers will work with us to let our elected representatives in Washington know that they hold the key to resolving this very serious problem.

Everyone is upset about the high cost of gasoline and many of us vent our frustrations on the service station or convenience store where we fill up. While it is only natural to be angry over the ever-increasing cost of gasoline, it is also important to understand the complex reasons for this volatile marketplace.

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Credit Cards cutting into already tight profit margins at gas pumps
Monday, 06/16/2008
A Kanawha County gas station might be leading the charge toward banning credit card use at the pump.

Mr. Ed. Chevron, located on the corner of Kanawha Terrace and Walnut Street in St. Albans, stopped taking Visa, MasterCard, American Express, Discover and other major credit and debit cards on June 1.

Manager Roger Randolph said the station could no longer afford the high surcharges that gas retailers have to pay to credit card companies each time customers pay with plastic.

Randolph said for each $50 charge for gas, the station loses about 98 cents.
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You can still eat healthy despite food costs
Wednesday, 06/11/2008
Food and fuel costs may be putting a strain on many people's wallets, but nutrition experts say residents can still eat healthy on a budget.

While many people may consider healthy food to be more expensive than easy-to-fix, prepackaged meals, it doesn't have to be that way, said Jan Vineyard, president of the West Virginia Oil Marketers and Grocers Association.

"Quite honestly, some of the foods that aren't healthy are more expensive," she said.

Food prices across the United States are predicted to rise by 5 percent in 2008, according to the U.S. Department of Agriculture.
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With Climbing Gasoline Prices, Myths Abound
Thursday, 05/01/2008
With gasoline prices continuing to climb with the summer driving season right around the corner, myths about how to save money while purchasing fuel are once again making the rounds via e-mail and other sources. Here are some of the more popular purported money-saving tips for buying gasoline, from Snopes.com.

Myth 1: Fill up your vehicle in the morning when the temperature is still cool.

Answer: The 'hot fuel' debate is behind this myth. Snopes reports that 'the real issue is whether a gallon of warmer, expanded fuel contains as much 'energy' (or octane) as a gallon of cooler fuel.' Because fuel is stored in underground storage tanks after delivery, the consumer has no way of knowing if the fuel is really cooler in the morning or not. Snopes reports that 'in any case, the bottom line is whether it's really worthwhile for consumers ' to take matters into their own hands and attempt to save money by buying gasoline only at a particular time of day.
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