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Friday, 07/04/2008
Gas Price Backgrounder

Gas Price Backgrounder w/Notes (PDF)

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Who are OMEGA's officers? Print E-mail


The West Virginia Oil Marketers & Grocers Association is mangaged by a dedicated board of directors.

Day-to-day operations of OMEGA are conducted by the organization's president. The role of the president is to assist members in increasing their business effectiveness and profitablilty by providing resources for education, training and ideas exchanged; encouraging a high level of business ethics and a postive image for the industry; encouraging governmental action beneficial to the industries through active participation of its membership; and, providing cost effective services for the membership.

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What are OMEGA's issues? Print E-mail
Bottle Bill

We oppose this legislation. Forced deposits do little to help the environment and essentially impose a hidden, regressive tax on consumers. Forced deposits are
costly to operate and administer and introduce a significant health and safety risk. OMEGA believes that comprehensive recycling programs are better investments and comprehensive
litter control outperforms forced deposits. 
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Who regulates OMEGA members? Print E-mail

OMEGA members do a great job managing their businesses. However, as with all major industries, OMEGA members receive oversight by many city, county, state and federal regulatory agencies. In addition to policing ourselves, listed below are just some of the state agencies, which oversee and regulate member operations:
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Why do gasoline prices fluctuate? Print E-mail
While there are multiple factors that influence the price of gasoline, the major components making up what you pay at the pump are crude oil prices along with federal and state
taxes.  The combined effect of these two components account for more than 73 percent of the cost of a gallon of gasoline
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How much do we pay in gasoline taxes? Print E-mail


Federal and state taxes account for one-third, or approximately 20 percent, of the cost of a gallon of gasoline in West Virginia. We pay 50.6 cents in state and federal taxes on every gallon of gasoline we purchase.

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What is the impact of "big box" stores on the community? Print E-mail

OMEGA members are local entrepreneurs employing thousands of West Virginians. Profits from OMEGA businesses stay in the community and strengthen the state economy.
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What is OMEGA's policy on Restricted Sales: Tobacco, Alcohol & Lottery? Print E-mail

Selling restricted products - tobacco, alcohol and lottery - to individuals under age is illegal in West Virginia. State and federal law prohibits selling tobacco and lottery products to any-
one under age 18.  An individual must be 21 to purchase alcohol.
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What does OMEGA do about food safety? Print E-mail

In an effort to meet customer demand and increase product offerings, more and more OMEGA member grocers and convenience stores are providing in-store food service.
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What is the difference in grades of gasoline? Print E-mail

Most people are aware that there are three choices for gasoline at the pumps: regular, mid-grade and premium.  But what does it all mean, and is there a difference?
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