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dumb yellen and Powell said it was temporary from supply chain and it will stabilize soon.
That was around Sept 2020. After 13mo, it is much worse now.
This isn?t the gas station by my house but these stickers are everywhere.Originally Posted by ray1970
Not sure if this directly relates to this thread but I hate when the gas pumps automatically shut off at some arbitrary dollar amount. At least this one went to $85. My last couple of ?fill ups? shut off at $75. Still would have been nice to get that last five gallons in and top it off.
I've seen 75, 85, 90, 95, 100, 110 and 120.This isn?t the gas station by my house but these stickers are everywhere.
Not sure if this directly relates to this thread but I hate when the gas pumps automatically shut off at some arbitrary dollar amount. At least this one went to $85. My last couple of ?fill ups? shut off at $75. Still would have been nice to get that last five gallons in and top it off.
Pretty stupid
I was in a hurry so I took my $85 of gas and left.
When I fill up my company truck after it stops I swipe the card again and start another transaction and finish filling it up. Definitely stupid that instead of one $95 transaction for a full tank I have to do it twice and get a $75 receipt followed immediately by a $19 receipt or whatever.
It is just a method to limit risk/losses from the pump-n-dash theft crowd. Farther out of the cities where more people drive big pickups and fewer people steal fuel, the limits are higher. The station close to me limits at $150.
14 . Always carry a change of underwear.
Pump-n-dash?
This is a card limit. How does that prevent theft?
Since the gas station doesn't know how much you're going to get, they "authorize" your card. Meaning they verify that the card is valid with either the bank or the card issuer.
There are ways to make the authorization succeed, but the final settlement (batch processing often) fail.
Hence pump-and-dash limits.
I always felt it was more about rationing supply.
But... I suppose it may limit the losses (likely insured anyway) of the station if CC fraud is happening.
ETA: Didn't see Grant's post while I was typing mine, or I would have probably reversed the order of my statements.
I will agree that it can be frustrating when you are trying to fill all the way up for certain reasons and the pump cuts you off short. It seems like I may have pre-paid a time or 2 to circumvent this, but that may have been with cash... Don't recall for sure.
Last edited by crays; 11-18-2021 at 10:58.
I just saw this headline.
https://www.cnn.com/2021/11/18/inves...ing/index.htmlOil prices are finally falling. Thank China and Joe Biden
By Julia Horowitz, CNN Business
Updated 11:26 AM ET, Thu November 18, 2021
That and the limits are often global on all transactions. So a post-pay transaction (cash, whatever) hit the same pump limit also.
We get used to the technology built into our phones and forget that most of the purchasing systems we interact with are incredibly outdated and limited.
The pump limits have always been there, but only when the per gallon cost get out of hand do we end up hitting them with any regularity. 2009 comes to mind when fuel was 4 to 5 bucks a gallon. I remember gas stations lowering limits at that time as more people were trying to steal it. The place I normally bought gas back then started at $100 limit, then it went to $75 and later $60. It is hard on the mind to hit the fill limit twice and the tank still isnt full.
14 . Always carry a change of underwear.
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