I filled up in metro Detroit on Thursday afternoon at $3.12. I live about 50 miles outside Detroit and Friday morning it was $3.25 in my small town
Now just this morning (Saturday 12th) I noticed on TV that - mostly due to the status in Egypt - crude prices have fallen from over $90 late last week to about $85 this morning.
I wonder if the gas prices will come down as quickly as they went up??? Yeah, right.
BTW, I'm not really complaining about gas prices. Compared to a lot of you and especially those outside the US, we don't have a lot to complain about! Federal and state/provincial taxes and regulations often impact gas prices. My daughter lives in the Vancouver BC area and they make a weekly drive down to Washington state to get gas. Maybe not the "right thing" to do but it costs less to drive the 100 miles or so and fill up in the US, than to buy it in Canada.
At least we can get gas!
Remembering the 'good ol' days' of the early/mid 70s when the oil embargo hit and gas was scarce. I got out of the Air Force in late '73 and took a job at a Ford dealership in metro Detroit. My job was driving to the Ford depots for daily parts orders. I'd have to fill up the shop truck every morning before leaving town.
In the spring & summer of '74 when the embargo was in full swing if we didn't get in line at the station early, we were SOL (s**t outta luck) & had to watch the gas gauge and hope to find a station someplace that still had gas (fat chance)! I remember coming in an hour or 2 early, I'd grab the shop truck then go wait in line at the station for an hour or more. Gas was hitting close to 40 cents a gallon and people were panicking. Stations started limiting sales to 10 gallons per car/person and I saw fights break out at the pumps! I was glad I lived close to work and didnt' have to drive my car very much.
I did a comparison to my wages back then:now. The price I pay today takes a bit less of my hourly wages, compared to what it did in '74. But that's just me, as I felt I was making a fair wage in '74 and I am today too.
It's got to be tough for those who are struggling in the current economy, & might not have a decent job & paycheck. Hoping things will get better soon!