« Moments of Truth | Main | Roberts on the Second Amendment »

Gas Returns to Pre-Katrina Levels

...Yet many local stations are still charging post-Katrina prices...Indirectly, part of the explanation for this is your fault: consumer behavior is why we still have lofty prices.

"If you want to see prices drop more quickly, you as a consumer of Gasoline should go to the station with the cheapest gas. Doing so will impact ALL LOCAL PRICES. Why? Station owners are typically local business people (franchisees) who carefully track how much fuel they sell. Under normal circumstances, they only make a small markup on Gas -- everything else they sell typically has a higher profit margin."