FYI-MEDIA

It has been nearly 100 years. Why is the silly 9/10ths still here? Yes, the concept of a "no 9/10ths" gas price has been tried before, both at a legislative level and by individual retailers.1 The previous attempts included: Iowa State Ban (1985): The state of Iowa banned fractional pricing for gas, requiring stations to use whole cents. However, the law was repealed just four years later in 1989 because it was unpopular with station owners who felt they lost a competitive ed

That tiny 9/10 of a cent on gas station signs might look like a rounding error, but it adds up to a staggering amount. Based on current U.S. gasoline consumption, that fraction of a penny costs Americans roughly $1.2 billion to $1.5 billion per year. Here is a breakdown of how those "pieces of pennies" turn into a billion-dollar industry: The Math Behind the Billions To understand the scale, you have to look at the sheer volume of fuel the U.S. consumes. Annual Consumption: A

The world is changing rapidly, and so are the ways we consume energy. Yet, gas pricing remains stuck in outdated practices that do not reflect the current market dynamics. As consumers, we have the power to challenge these antiquated systems and advocate for fairer pricing. This blog post will explore the issues surrounding outdated gas pricing, the impact on consumers, and actionable steps we can take to join the fight for change. Understanding Outdated Gas Pricing Gas prici