Gasoline price wars in Houston ($2.09/gallon)

The forum for general posting. Come join the madness. :)
Post Reply
Message
Author
User avatar
BackInTex
Posts: 13599
Joined: Mon Oct 08, 2007 12:43 pm
Location: In Texas of course!

Gasoline price wars in Houston ($2.09/gallon)

#1 Post by BackInTex » Wed Aug 13, 2008 12:18 pm

This was not too far out of the way home for me and I considered going by on the way home yesterday as I was needing to refuel, but decided that the $20 savings still wasn't worth the headache.

http://www.khou.com/topstories/stories/ ... 19226.html
KHOU.com staff report


Gas wars erupt in Houston
August 12, 2008

A pair of northwest Harris County gas stations launched a war on Tuesday afternoon. There was no collateral damage in the battle, just plenty of happy drivers who lined up their cars for hours on end as the price of gas dropped by more than a $1 gallon in less than four hours.


The battle started when the Chevron station on FM 529 at North Eldridge started lowering its gas prices as part of its grand opening. What started out as $3.50 a gallon at 5 a.m. on Tuesday quickly dropped to almost $2 some 15 hours later.

Not to be outdone, the Shell station across the street answered the call and also started lowering the price of unleaded.

At 1:23 p.m., the price of a gallon of gas at the Chevron was $3.05 while the Shell was selling fuel for $2.99 a gallon.

The price war did not stop there as the price of a gallon of gas kept dropping hour by hour.

As of 5:50 p.m., the Chevron was selling gas for $2.38 a gallon, but ran out of fuel. The store managers at Chevron said they had more gas being trucked in.

Meanwhile, the Shell was offering up gas at $2.47 a gallon with its tanks full of fuel.

The long lines caused traffic headaches. Harris County deputies were called in to direct traffic.

There were a few hot heads as well as those waiting in line displayed their frustration, hollering at those who cut in line.

By 8:30 p.m., the gas truck had arrived at the Chevron and the price war continued. Shell dropped its gas prices to $2.29 a gallon while Chevron countered with gas for $2.29 a gallon.

Just before 10 p.m. on Tuesday night the prices dropped to $2.08 at the Chevron and at the Shell station the sign was blank as managers were trying to determine just how low prices would go.

The average price of gas in Houston is $3.62 a gallon according to AAA.
..what country can preserve it’s liberties if their rulers are not warned from time to time that their people preserve the spirit of resistance? let them take arms.
~~ Thomas Jefferson

War is where the government tells you who the bad guy is.
Revolution is when you decide that for yourself.
-- Benjamin Franklin (maybe)

User avatar
MarleysGh0st
Posts: 27966
Joined: Mon Oct 08, 2007 10:55 am
Location: Elsewhere

#2 Post by MarleysGh0st » Wed Aug 13, 2008 12:30 pm

Let us know how long they can continue to stay in business, selling gas at those prices.

User avatar
PlacentiaSoccerMom
Posts: 8134
Joined: Mon Oct 08, 2007 10:47 am
Location: Placentia, CA
Contact:

#3 Post by PlacentiaSoccerMom » Wed Aug 13, 2008 5:58 pm

I just wish that there were gas wars in Placentia.

I saw gas selling ofr $3.92 today.

User avatar
sunflower
Bored Hooligan
Posts: 8010
Joined: Tue Apr 08, 2008 11:32 am
Location: East Hartford, CT

#4 Post by sunflower » Wed Aug 13, 2008 7:42 pm

And here I was all excited that I got mid-grade today for 3.99. First time I've been under $4 in months!!! I've seen low grade as low as $3.75 in the last week. Prices have dropped fast, I think they went down about 30 cents in a week around my house.

User avatar
juliea344
Posts: 56
Joined: Mon Jul 21, 2008 8:11 am

#5 Post by juliea344 » Thu Aug 14, 2008 7:30 am

still around $4.20 for the "cheap" stuff near me :cry:

User avatar
rayxtwo
Posts: 860
Joined: Mon Oct 08, 2007 7:15 pm
Location: St. Louis, MO

#6 Post by rayxtwo » Thu Aug 14, 2008 7:48 am

Saw it last night for $3.43. Down almost 60 cents since the Fourth Of July.

Ray

Post Reply