Wednesday, October 05, 2005

Supply and Demand?


What a difference a day makes...

I am just getting around to posting the photo above, which I snapped about a month ago. It was taken the day after the one shown in my previous post entitled "I've Got Gas!" There I complained a bit about the unnecessarily increasing gas prices. Who knew they'd be that much higher just a day later!?

The photo above is from September 2nd and documents the highest price I saw per gallon of super unleaded before I left for my trip to Arizona (more on that in a future Blog post). Luckily, my tank was full when I left and prices had fallen a bit when I returned 10 days later and continued to do so. I didn't need to fill my tank until about September twenty-something.

The price per gallon had leveled off at about $3.19 and nine-tenths of a cent (okay $3.20) for super unleaded and stayed there for a couple of weeks. This morning I was happy to see $3.159 (okay... okay... $3.16) up on the board at the station.

Even though the price is much lower than it's been, it's still higher than it should be.