August 31, 2005

Chaos

In Rochester NH this morning I saw a Cumberland Farms store changing their gas price from $2.81 to $3.07.

The prices for gasoline here in the NH Seacoast are really in chaos. Driving around I've seen prices as low as $2.57 up to the $3.07.

It appears that the "pecking order" of stations is broken. The ones that have always been cheapest are now highest, and vice versa.

Where will it all settle? Two days ago I thought the new average would be around $2.70, but we seem to be blowing right through that level.

Posted by jackhodgson at August 31, 2005 01:09 PM