Good morning, all. The wife and I were up at the crack of dawn this morning (my normal time of getting up — around 5:30 a.m.) to get ready for her Praxis II test. We left the house around 6:30 this morning and drove over to the University of South Alabama in Mobile. After I dropped her off, I headed over to the Shell station across from campus. The price there was $3.799 per gallon, but lo and behold they were out of 87 octane. Since I was running on vapor, I had to go somewhere close.
The next station down the street was a BP. It was a quarter of a mile down the road, and the price was $3.899 per gallon!! I suppose this is all the supply-demand thing since Hurricane Ike has shut down a good portion of the oil rigs offshore of Texas and Louisiana as well as the refineries in the Houston/Pasadena area. Still, I couldn’t believe the jump in price in that short of a distance. But it’s better than most areas that are starting to see the price spike above $4.00 a gallon — some places even nearing $5.00. Crazy.
If you want some interesting reading this weekend, here’s some links of the news stories that broke yesterday and today. They’re broken down by area of interest.
U.S. News:
Hurricane Ike Slams into Houston and Galveston
Fifteen people killed when commuter and freight trains collide in Los Angeles
Science and Technology:
Anti-Spam Law Overturned; Spammer Walks
Google buys Korean blogging software company — Oh Nos!
Politics:
Obama Regrets Not Picking Hillary — Biden even dissed himself and lifted Hillary up.
Obama Backers Jittery, Obama starts getting desperate and calls McCain ‘Out of Touch’
Sports:
Brandon Webb hits 20 wins as the D’backs beat Reds 3–2.
Titans’ Vince Young was suicidal?
Alright, folks. Enjoy the reading. It’s time for me to head over to Barnes & Noble and see if I can find some PHP/MySQL/Wordpress books…Time to start developing my hobby! Have a good rest of your Saturday and a great Sunday!
I expected this to happen and I really don’t consider it price gouging. In fact, I think the fact you went to places without gas let’s you know that anything in that price range was not price gouging.
For this particular moment in time based on the price of oil and the capacity to refine gasoline, I would figure prices above $5.25 or $5.50 to be bordering the price gouging line.
In Alabama we have an anti-price gouging law. This essentially scares businesses into not charging what they could. Of course, Alabama and Georgia (The other state with this law) also had the highest number of stations without gas.