WWTBAM Bored

jarnon wrote:The average price of gasoline has fallen by more than half from its highest level. I don't think this has ever happened before.

U.S. Retail Gasoline Prices

7/7/2008 $411.4
9/15/2008 $383.5
11/24/2008 $189.2

The price fell 54% from its high. Even more amazing, it fell 51% in just the past ten weeks!

rayxtwo wrote:It's down to $1.45 across the river lb.


Ray

littlebeast13 wrote:

rayxtwo wrote:It's down to $1.45 across the river lb.


Ray

I know. I paid $1.57 at the Lilac Ave. station last Wednesday, and the very next day it dropped to $1.49....

It's still $1.65 over here, and that alone is odd in that we're hardly ever below the national avarage on this side....

lb13

Probably due to paying extra security because of the high crime rate.

Please join me in support for poor, beleaguered gas station owners, the victims of unconscionable price gouging by ruthless consumers who are taking advantage of market conditions to reduce their demand for gasoline, driving down the price by nearly $2 per gallon over the last four months. Fortunately, governments are swinging into action. Georgia governor Sonny Perdue issued this statement: “The financial crisis has disrupted the consumption of gasoline, which will have an effect on prices. However, we expect the prices that Georgian gasoline station owners receive at the pump to be in line with changes in consumers’ incomes and the prices of substitutes and complements. We will not tolerate consumers taking advantage of Georgian business owners during a time of emergency.”