Tuesday, August 12, 2008

Gas Prices

I just don't get it. Gas prices are ridiculous, in more ways than one. For one, it amazes me how quickly the prices rise-when the gas in the tanks is exactly the same. They didn't buy new gas at a higher price and put it in, it's the same lower price gas. Then there's the discrepancy in prices depending on location. I know gas prices are higher in some states due to taxes. But how can they explain the discrepancy between cities? Even nearby cities. Major cities an hour and a half both east and west are less expensive than here. However, what really amazes me is the difference in prices right here. Near me gas ranges in price from $3.91 (it was $3.92 when I left the house, a penny less when I returned) to $4.05. Yet, I went to the doctor and near there gas was $3.73! That's not just pennies! That's a major difference. How can they explain that?!? And why can't the lower prices be located closer to me?!?

1 comment:

Pidge said...

In theory, it's overhead. Properties in some areas are more expensive than others. Spots near highways are always going to be more expensive than those in residential areas.

OTOH, I believe it's a case of "all the market will bear, plus 10%"