Monday, September 13, 2004
Cheapest Gasoline in the Nation
There is a price war in Chesterfield, Virginia. I think it was caused by a Liberty station opening up shop right next to a Wawa and a Mobil or Sunoco across the street. The ongoing price around here for unleaded gasoline is $1.639 a gallon. But this Liberty, along with the Wawa and the other station, were selling for $1.609 a gallon, and then $1.579 a gallon, much lower than anything else in this area; just down the road it is $1.759 a gallon. Then I found the unbelievable today. The price had fallen to $1.489 a gallon at the Wawa (by tonight it had gone back up to $1.499), and the price at the Liberty was $1.499. Man, this is a real price war, like we had in the 1950s. First one station would cut prices, then another would cut prices and the first one would cut again, each station trying to get all the business by being the cheapest on the block. I could understand how that could happen then, but now, when we are nearing peak oil and when crude is rising because of a hurricane threat to oil facilities? It's like Alice in Wonderland.
I went to http://www.gaspricewatch.com to find out what the most expensive and cheapest gasoline in the country was. It said the cheapest was $1.569 in Norman, Oklahoma. Hey, the Wawa and its neighbors have this price easily beat. The cheapest gasoline in the nation is now in Chesterfield, Virginia, at the Wawa and Liberty on Ironbridge Road. I was so interested in this fact, that I signed up as a spotter for Gas Price Watch, and tried to enter the price. But when I got there, the Wawa was not listed! I could not find anywhere on the site where I could enter the gasoline station. They force you to select one of their stations, then enter the price.
So take that site with a grain of salt. The cheapest gasoline in the nation is not in Norman, Oklahoma, but in Chesterfield, Virginia, unless someone can come up with another station that is $1.489 or cheaper elsewhere in the nation. What do I think of these low prices? I think that they don't reflect reality. Peak oil is coming soon so I expect prices to rise. They will eventually. I think the stations are waiting for the elections to be over. Just watch then. Prices will really go up.
I went to http://www.gaspricewatch.com to find out what the most expensive and cheapest gasoline in the country was. It said the cheapest was $1.569 in Norman, Oklahoma. Hey, the Wawa and its neighbors have this price easily beat. The cheapest gasoline in the nation is now in Chesterfield, Virginia, at the Wawa and Liberty on Ironbridge Road. I was so interested in this fact, that I signed up as a spotter for Gas Price Watch, and tried to enter the price. But when I got there, the Wawa was not listed! I could not find anywhere on the site where I could enter the gasoline station. They force you to select one of their stations, then enter the price.
So take that site with a grain of salt. The cheapest gasoline in the nation is not in Norman, Oklahoma, but in Chesterfield, Virginia, unless someone can come up with another station that is $1.489 or cheaper elsewhere in the nation. What do I think of these low prices? I think that they don't reflect reality. Peak oil is coming soon so I expect prices to rise. They will eventually. I think the stations are waiting for the elections to be over. Just watch then. Prices will really go up.
