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The Economics of Pricing Yourself Out of the Gas Market

A West Covina CA gas station consistently has the highest prices in California, and therefore in the entire U.S. At $4.79, and it's lately been more than a dollar per gallon more expensive than another station right across the street. I've noticed it for some time on GasBuddy, but a reporter has finally dropped by to see what is going on. "Based on our numbers, that's the highest," said Patrick DeHaan, senior petroleum analyst for Gasbuddy.
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Gas Prices In California Are Out Control, More Stations Now Charging $5 A Gallon

Business & Finance : Business Insider: Clusterstock (2 years ago)

Refinery outages and a unseasonably warm weather caused gas prices to shoot up by 20 cents a gallon overnight in California, prompting some stations to close and others to charge more than $5 a gallon, the AP reports. Temperatures a... Read Post

Just in Time for Christmas: $3 Gallons of Gas

Business & Finance : Business from Newser (4 years ago)

The price at the pump edged up 3.9 cents in the last two weeks to an average of $2.91 per gallon, according to the latest Lundberg Survey, which sampled gas prices at 2,500 filling stations across the US. That's 28 cents higher than... Read Post

West Coast: Steel Yourself for $4-Plus Gas

Business & Finance : Business from Newser (2 years ago)

California's refinery fire could take a toll on West Coast drivers: They can expect gas prices to break $4 per gallon as soon as today, the AP reports. The refinery supplies 16% of the region's gas, and prices have already jumped fr... Read Post

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