200 Dollars For A Tank Of Gas
Nobody expected this!
Do you use a debit or credit card when you purchase gas? Well now it appears that you will have to have at least a balance of $175 or more on it if you want to begin pumping gas into your car.
Even if you want to fill up just $30 worth, you will still need a balance of $175 or greater.
According to Kelley Blue Book, “Most gas stations require you to swipe your credit or debit card before you begin pumping gas. Because the station has no way of knowing whether you’re going to buy one gallon or two dozen, stations pre-authorize your card by placing a short-term hold on some of the money in your account. They later charge you for the amount of gas you actually buy and release the hold.”
Sadly, now that the cost of gasoline has gone so high under President Biden, Americans will have to have more money available just so they can pump gas.
The money is only held for a few hours however in some cases the hold can last a few days.
