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Showing posts from February, 2015

that didn't last long

Two weeks ago gas was $1.91 at this gas station. Today when I filled up the price was back up 37¢. Even diesel hasn't risen this much, only 15¢ during the same period. Yeah, those speculator-driven free markets are so wonderful.

the sudden collapse of gasoline prices

On Friday 30 January I stopped by a local Orlando BP gas station (rather rare these days) and filled up my 2012 Prius with $1.91/gallon gas. Spending nearly $2/gallon is still a lot of money to pay for gas, coming of age as I did in the 1960s when gas was around 25¢/gallon (that's a quarter). As a middle-schooler I can remember filling up my gas can for my neighborhood mowing service for $1 (four gallons in a five gallon container), then spending the weekend earning that back at roughly $2/yard.

That low price stayed pretty much the same when I bought my first car in 1971 before I graduated from high school. Gas stayed relatively cheap through 2003, when I purchased my first and only mini-SUV, the Kia Sorento. When I bought it gas was 88¢/gallon due to a local gas war (remember when gas wars were only about selling cheap gas?) Gas mileage on the Kia was round 20-22mpg, and filling its 20 gallon tank cost me less than $20/week.

Then in August 2004 Hurricane Charlie hit central Flo…