Of course we have all seen it recently …
A crazy spike in gas prices supposedly “caused” by the devastating hurricanes … but is anyone really fooled by the price behaviour – my prices (generally Sunoco 91 in New England) jumped from $2.50 to $3.50 in just a few weeks, and now about the same time period again and we are almost back down to the original price.
I can’t believe that we ran out of gas so instantly when the hurricane(s) struck, and I don’t believe that all the gas is back to pre-hurricane normality either now.
The only other choice … someone is screwing with us 😦
At least I am paying $30-$40 to fill my tank, unlike owners of H2s 😉
If you look back, my fuel conservation started not with Katrina, but in early august when gas prices rose at one of the quickest rates in the past several years and you could really feel it. Then a week or two later, katrina hit. What’s funny is, the costs rose in days, yet took months to fall back down. And it hasn’t fallen below that first sudden price hike before katrina. Here is a good graph to look at:
http://www.bostongasprices.com/retail_price_chart.aspx
Pull up the 9-month graph to get a good idea of what I’m talking about.
Look at the area underneath the unneeded price hikes. That is a LOT of pure profit cash in the oil companies’ deep pockets.
i live in Europe, Portugal, more precise in Madeira Island wich is near Casablanca. A gallon is about 3 Litres in Europe. I pay 1.240 € for one -1-litre of gás
And unlike there, its allways going up, never going down, it is believed do reach 1.50€ this year. If this happens it will be the slowly death of car using in europe. Many people ia having problems already to fill there thanks, cause many is short.
Im happy to see that prices went normal again there, your lucky people
Thank you – that puts the recent USA gas price hike into stark perspective.