07 June 2006
If I had stopped to fill up my very low tank on the way to class Monday night, I would've paid $2.61 a gallon. Instead, I decided to wait and fill up on the way home. So, four hours later on the way home, my low fuel light lit up and I cruised in to QT only to see that they were now asking me to pay $2.72 a gallon. An eleven cent increase in four hours. Now how can that be justified? All these analysts keep saying that it is just being dictated by the influences on the market, simple supply and demand, etc. I don't think that is entirely true. The same scenario happened over Memorial day. In the two or three weeks leading up to Memorial day, the prices had dropped a penny or two every couple days to bring the price down from $2.65 to $2.51. Then, overnight, the price jumped up ten cents again. I honestly believe that it is a conspiracy. But I also don't think that anyone is going to modify their gas consumption until the price gets closer to $4. Too bad our government and the auto industry haven't/aren't doing more to advocate for alternative fuel options.
- middleson at 11:42