Monday, July 28, 2008

CONSUMER WOES: Gas prices for dummies

Due to the rapid gasoline spike and decline, gasoline stations seem to be selling for extremely different prices. So keep your eyes on the news and the current price at the pumps.

Adam Gaffin from UniversalHub.com had an interesting observation here about the tumultuous fluctuation of prices at the pumps. He points out on his blog here that the gasoline price at a Shell station in West Roxbury, MA was $4.20 a gallon. Meanwhile, the Hess station a mile away on Centre Street was selling gasoline for $3.86 a gallon.

It seems to be a city-wide phenomenon. On Memorial Drive, for example, two stations had gasoline prices at $3.85, and a third station with a price of $4.10 per gallon. The stations listing these prices are all in a row.

Click here for more.

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