I just got this from gasbuddy
Quote:
Market prices for gasoline have been up and down quite a lot in very short spans of time. Yesterday, gas dropped almost a dime by lunch, but was up over 6¢/gal by the close. The distributors must be going crazy. For example, the US Gulf Coast spot price over the past week has ranged from $3.23/gal to $3.58/gal! Imagine if you had to choose when to send the tanker trucks to the tank farm or pipeline to fill up when your profit margin may be only 10¢/gal.
So, at the pump, the target site average pump price for regular gasoline is $4.09-14. Look for more stations to move over the $4 mark through the weekend. $3.80s are going to be tougher to find. Because of the wild swings in the spot price, you may see some odd pricing behavior with more stations priced much higher than others in close proximity. Not sure how long that will last.
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R.I.P. Dennis J. Willis July 14, 1977 - Jan 19, 2007
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