Gas
Sunday, May 23rd, 2004Is there gas price gouging going on in Austin? You be the judge. Austingasprices lists the cheapest gas in our area at 1.77/gallon. The most expensive is 2.07. That’s a .30 difference between two stores that are only a few miles apart. Sorry, but I don’t buy the supply/demand argument here. I waited for 10 minutes in line at Sam’s today for a fillup. It was crowded as all get-out. Huge demand, but they still have the lowest prices around. And lest you think that Sam’s is running gas as a loss-leader, there are a few dozen other stations that have gas priced within a few cents of that. BUT there are still plenty that seem to be frantically pushing the $2.00 mark.
I think this is a sign that gas prices are finally, er, topping off. Hopefully between these pricing pressures and OPEC’s recent decision to talk about opening the spigots a bit we’ll see prices drop. The question is, will we ever see them back down around $1.27 here again?
Stay tuned.
btw, $23.50 bought me another 250 miles in my truck today. Ouch. For the past few weeks I’ve been thinking of short trips in terms of how much they’ll cost in gas. Day trip to Jan’s: $4.00. Trip to Woodcraft: $2.50. Heck, going the mile to the HEB and back costs me a quarter. It’s definitely changed my driving habits lately. My last fillup was on may 9th.
Have high prices changed your habits?

