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Unread 30-08-2005, 21:54
Conor Ryan Conor Ryan is offline
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Re: Gas prices and you

Well this is what I'm predicting (and is) happening because of the Crude Oil cut off in the Gulf.

Your Local Gas stations that usually have lower gas prices will now have higher gas prices than gas stations that usually have Lower gas prices. Why? Simple, the usually cheaper gas, was taken out of the ground closer here than gas thats taken out of the ground in the North Sea and Persian Gulf. If its closer, than its cheaper to transport. Now that a bulk of the gas is coming from further away, that will be cheaper, since theres more of it.

Some Exceptions to this: Gas stations with high local taxes

Also, if the government's reserve is used now, as it should, it should balance out.

Oh I saw a 2.49 and a 2.79 across the street from each other.
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