Apr
26
2007

Gas Prices

NOTE: To see the graph better, you may need to right-click on it and select “View Image”.

Something doesn’t seem right. When gas reached $62 a barrel in December of last year, I was paying about $2.25 a gallon (here in North Carolina). At the beginning of March of this year, gas teased a cheaper $61 level. Yet, the gas stations teased my wallet at a more expensive $2.50 per gallon. As far as I can tell, no new taxes have been added. But as you can see from the graph, we are paying a lot more per gallon than the refineries are paying per barrel. Anyone have any clues????

By the way, you can see this interactive graph at here. And you are not limited to just North Carolina gas prices…

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Written by sprezzaturon in: , energy, oil |

2 Comments »

  • Angie says:

    Holy schmoley. We went to a family day thing at a local community. I needed gas, but felt lazy and thought I could just get it on the way home. A few scant hours later I headed home and every single gas station between there and here had raised their stinkin’ prices.

  • Ron says:

    That is some interesting math the oil companies are doing. The trend goes back to October when prices decline sharply before elections, and begin to rise soon after. Once again prices have peaked at the busiest travel times of the year. The explanations are usually fictional situations that may or may not occur, but prices are always highest when demand is greatest.

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