Sunday, May 18, 2014

Gasoline Prices

I am sure I have written about gasoline prices before.  Last Saturday, when I filled up the gas tank, gasoline prices were in the $3.26/gallon range, depending upon where the gasoline was purchased. During the week, as I go to and from work, I pass two self-serve gas stations.  One is usually on the front edge of changes: if their prices change, I can count on every one's prices changing.  The other is in line with price changes in the community, but their price changes occur after everyone else's have, not at the forefront.

Well, by mid-week, both were advertising gasoline prices at about $3.44/gallon. About two days later, their prices were done by about $.08.  This weekend, when I purchased gasoline, I payed $3.19/gallon.  I do not understand this wild and wide price fluctuation in gasoline prices.  It makes no sense to me.

Maybe someone can explain it to me.  

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