Sunday, January 21, 2007

 

Gas prices down 14 cents nationwide on average. Where's that gas cap when we need it?


ABC News reports Gas Price Down About 14 Cents in 2 Weeks, but guess what: Honolulu today (January 21) is $2.814 and on January 7 (two weeks ago) it was $2.846. Net change? Not 14 cents, but 3.2 cents.
The national average for self-serve regular was $2.18 a gallon, industry analyst Trilby Lundberg said Sunday.

The average for midgrade was $2.29, while premium was $2.40 a gallon, according to Lundberg's latest survey of 7,000 gas stations across the country.

The cheapest gas in the country was found in Detroit, where the price of self-serve regular was $1.86. The highest average price for that grade was $2.81 a gallon in Honolulu.
The legislature is back in session. Forget the governor, she's not going to cross her friends in the oil industry and jeopardize her political future. Best to hound your state representatives to bring back the gas cap.

If you think "gas cap" is a dirty word, or that a "free market" will take care of you, you've been reading too many Honolulu daily newspapers.





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