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Pump Up the Volume in the Morning
The next time you fill-up, take a look at some of the warning labels affixed to the gasoline pump. I saw the above label recently while purchasing gas from Costco. This device dispenses gasoline solely by volume measured in standard gallons (231 cubic inches). It does not adjust for temperature or other factors which may…
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Gasoline Prices
Strangest sight this morning. I had to fill up this morning, so I stopped at a gasoline station before heading to work. So, I took one path that takes me past an intersection with three gasoline stations: ARCO, Shell and Chevron. I was just about to pull into the Shell because it was on the…
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The Meaning of Gasoline Prices
Five months ago, I had to pay $4.55 per gallon for regular unleaded at the local Valero gasoline station. At the time, gasoline prices were just 10% away from hitting the $5.00 per gallon mark. So, if I was offered a bet on whether gasoline prices would be over $5.00 or under $2.50 in five…
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Pain Pain Go Away
The Los Angeles Times is reporting that China will be increasing retail gas prices on Friday by 16%. The last time China had increased retail fuel prices was in November. A one day 16% price hike sounds steep; however, consider that prices have been stable for the prior seven months. I last saw $3.99 gas…
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Gasoline Tipping Point
I finally reached the tipping point. Since I biked to work yesterday and stayed up late, I really wanted to drive a car into work today. Kind of like a day off between going to the gym to allow the muscles to relax and recover. However, as I headed out the door, the thought of…