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Thursday, November 20, 2008

«Fuel Prices Still High Here»

One of the many drawbacks of living on an island is the lack of competition. While fuel prices are dropping below $2.00 and even down close to $1.50 elsewhere, the people of this town still have to pay out the ass for fuel. It's still $3.759 for regular unleaded and $4.259 for diesel here.

Sure, it was always a bit more here than down in the lower 48 states: by maybe 10 cents/gallon. There's a public outcry in town about it. The gas stations are saying that they have to charge this much for it because they bought it at the higher prices and still have the "more expensive fuel" stored. However, as you might have guessed, it doesn't work that way when the prices are going up. It was changing daily to match the raising prices. Also, their reserves of the higher priced fuel seems to be lasting a long time...

That always happens around here. Any excuse to get the prices up, then when the markets change the prices still stay high here; and it's not just with the fuel.

4 comments:

  1. I was wondering about that, then again I'm not terribly surprised. It's about $2.05 a gallon here in Boise at the moment.

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  2. @ Trevor: I haven't heard from you in a while.

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  3. Yeah I know, but I've still been checking your blog daily to see what you've been up to. We'll have to catch up sometime. Fall semester's done in about a month.

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  4. Petrol ( Gas ) prices are still high over here too Marf but are starting to come down a bit. It's true though that they never seem to come down as fast as they go up.

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