[Healeys] Oligopoly & gas prices
Bob Spidell
bspidell at comcast.net
Tue Jun 24 10:53:43 MDT 2008
At a station outside El Paso a few weeks ago we bought premium (91 octane) for $3.69/gal, 20 cents less than the advertised price for regular (10 cents less than the mid-grade).
We didn't argue, and never did figure out why (maybe they were trying to unload some "old" gas?).
bs
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Bob Spidell San Jose, CA bspidell at comcast.net
'67 Austin-Healey 3000 '56 Austin-Healey 100M
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-------------- Original message ----------------------
From: "Dan Stromquist" <dan at warner-associates.com>
> I believe they refer to the oil industry as an oligopoly. It is quite
> amazing how 10 cent incremental jumps seem to be the norm for low to medium
> to high octane. In Minneapolis/St Paul we see the mid octane and low octane
> sell for the same price at some stations but that premium is always 10 cents
> higher there as well.
>
> It is great reading about the trip. Hope no ones getting hot feet!
> Dan
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