Well, I think that I'll have to cut down on my weekend wanderings some.
Friday. Filled tank. 2.55/gal for regular unleaded.
Monday. Filled tank. 2.68/gal for regular unleaded.
Soon, I'll be paying $40 dollars to fill my tank at this rate. It's already over $30 to do so now.
13 cents a gallon increase over a weekend? No slow creep in prices with that.
Wow! I mean Whoa! I wonder how high it will go before the Labor Day Weekend? I wonder how much it will drop after Labor Day? If it does drop, is that due to price for a barrel of oil dropping, or due to consumption dropping so profit must be made elsewhere? (a cynical view, I know)
It amazes me how the price for a gallon of gas can stabilize or drop some after Labor Day, when our refineries switch over from gas to heating fuel production (decreasing supply it would seem, right?), and then the price of heating fuel starts climbing. My heating fuel provider was offering a locked price of 2.19/gal this heating season. I can't afford to lock in. Maybe, I can still get into the installment pay plan to ease the price shock some. I think I'll be buying some wood for the stove this winter to try and cut down on fuel consumption some, and hope that heating oil doesn't go up to 2.68/gal. Who knows? It might. Yikes.
August 16 2005, 16:08:56 UTC 6 years ago