I finally saw gas break the $3 mark here in Florida today. That was for premium, but regular gas is propably only a couple of weeks away from getting back to $3.
I know this makes the gas station owners quite happy. Those "3"s were just taking up too much space in storage.
As long as we put up with the excessive number of local blends (57 currently I believe) instead of demanding that there just be one or two, these seasonal spikes are going to continue unchecked. A little local drilling and increased refining capacity wouldn't hurt either.
─
To learn more about my coaching and educational programs and services, visit my website stevehoffacker.com or go to my other blog homesalesinsights.com for additional sales tips, insights, and commentary. You can also listen to my free podcast messages at Steve Hoffacker's Happenings.
© Steve Hoffacker, 2009. All Rights Reserved.
Logically gas prices should be relatively fixed to the size of an economy and since the GDP of most countries are negative at present, there is not one reason that gas prices are going up. Except one, speculation. Where is the government on this?
Oh no, please say it is not so! We are still in the 2's but I wonder for how much longer?
No that is not what I wanted to read or hear today! I have had to drive my durango the last couple of days and it barely gets 10 mpg. aarrgghhhhh! The prices have been rising steadily here too. OUCH!
Not again! So far here in NH we're still aroung $2.65ish per gallon. With that said, be sure to put your cruise control on-that will help you drive at a lower rate of speed and therefore minimize your gas consumption.
Patricia Aulson/Portsmouth nh
Steve...
There has been almost a year to address this problem, and yet NOTHING has been done. To heck with the boutique blends, let get a national standard.
52 flavors - pretty ridiculous. Talk about a government caused crisis. Won't approve off-shore or Alaskan drilling. Nearly impossible to build additional refining capacity. Then require 52 different formulations. Makes perfect sense to me.
Dale,
Don't forget artificial market manipulation. That goes against market forces everytime. :)
Steve
Silvia,
I heard rumors of $3 gas by July 4th. We should be ahead of that pace. Even areas in Florida that typically have the lowest prices are high. :)
Steve
Debra,
The lower prices were certainly nice while they lasted. :)
Steve
Patricia,
It's not our consumption that's the issue, but saving money is good. :)
Steve
Richard,
Nothing will be fixed because there is something to be gained by keeping the status quo. :)
Steve
Ryan,
Exactly. Somebody benefits from the current system - and it's not the consumer. :)
Steve
Steve, It was nice when it went back to the 1's. The 3's ... aaarrrggh. I agree that there is somebody behind the curtain pulling the levers. It has a big impact here in the west due to the long distances we travel just to get someplace. We have a subdivision listed in a remote area, 40 five acre lots. When gas hit $4.50 it cost $5 round trip just to get to the highway - it was a half an hour from there to anywhere. It really became a factor in sales ... or, more appropriately, the lack thereof. When we all drove less isn't it funny how the prices came down. We are still driving less as a result. We retrained ourselves and adjusted our priorities. Nice post.
Jim,
Thank you. As you point out, we drove less and prices came down, Still driving less and prices back up - something is wrong with this picture. :)
Steve
Who buys the high octane blends anymore? Consumer reports repeatedly says they don't improve your car's performance. The USA needs to do something to bring energy prices under control.
Rob,
Another government mess has been the ethanol. First the amount of ethanol in gasoline varies by state (more blends), second it definitely decreases fuel mileage, and third it impacts food prices as corn (an ingredient in nearly every processed food) is being converted to fuel instead of being used for food. :)
Steve
We are still in the 2's here. One of our Idaho gas stations will not sell any ethanol products and they are outselling everyone around here right now.
Kevin,
No wonder that Idaho station is doing so well. Wasn't aware that opting out of ethanol was an option for stations. Thanks. :)
Steve