Why Is Gas Price 9 10. raising prices a penny would have been disastrous when gas only cost 15 cents. most gas stations pushed their fractional charges up to 9/10 of a cent around the 1950s when they began advertising prices on the. california had the nation’s highest average price of $6.44 a gallon. But why did it stick around? Because gas was priced in pennies in those days, a fraction of a. the revenue tax act of 1932 allowed for a federal tax of $0.01 to be placed on gas prices to help offset the national debt. most gas stations pushed their fractional charges up to 9/10 of a cent around the 1950s when they began advertising prices on the. But why does the price of a gallon of gas. Gas stations added the fraction of a cent on the end of the price instead of rounding up the price. the practice of tacking 9/10 of a cent on the end of a gas price goes back to when gas cost only pennies per gallon and was a tax imposed by state and federal governments. yet, there’s a reason why gas prices end in 9/10 of a cent, and it’s costing consumers more than they realize.
from www.cnn.com
raising prices a penny would have been disastrous when gas only cost 15 cents. the practice of tacking 9/10 of a cent on the end of a gas price goes back to when gas cost only pennies per gallon and was a tax imposed by state and federal governments. But why does the price of a gallon of gas. most gas stations pushed their fractional charges up to 9/10 of a cent around the 1950s when they began advertising prices on the. But why did it stick around? most gas stations pushed their fractional charges up to 9/10 of a cent around the 1950s when they began advertising prices on the. the revenue tax act of 1932 allowed for a federal tax of $0.01 to be placed on gas prices to help offset the national debt. Gas stations added the fraction of a cent on the end of the price instead of rounding up the price. yet, there’s a reason why gas prices end in 9/10 of a cent, and it’s costing consumers more than they realize. Because gas was priced in pennies in those days, a fraction of a.
Why gas prices always end in 9/10 of a cent CNN
Why Is Gas Price 9 10 But why does the price of a gallon of gas. Because gas was priced in pennies in those days, a fraction of a. the practice of tacking 9/10 of a cent on the end of a gas price goes back to when gas cost only pennies per gallon and was a tax imposed by state and federal governments. california had the nation’s highest average price of $6.44 a gallon. yet, there’s a reason why gas prices end in 9/10 of a cent, and it’s costing consumers more than they realize. Gas stations added the fraction of a cent on the end of the price instead of rounding up the price. most gas stations pushed their fractional charges up to 9/10 of a cent around the 1950s when they began advertising prices on the. the revenue tax act of 1932 allowed for a federal tax of $0.01 to be placed on gas prices to help offset the national debt. But why did it stick around? But why does the price of a gallon of gas. raising prices a penny would have been disastrous when gas only cost 15 cents. most gas stations pushed their fractional charges up to 9/10 of a cent around the 1950s when they began advertising prices on the.
