Wednesday, August 31, 2005

Gasoline Has Now Broken The $3.00 $3.10 $3.20 $3.30 Barrier In Knoxville

...and I wonder if anyone can show me or tell me, in layman's terms, why the $.50 increase was justified because of the loss of oil production in the Gulf Coast.

In other words, if oil has topped $70/barrel, how does that equate to $.50/gal at the pump?

Someone please explain it.

GAS AVAILABILITY UPDATE: The Weigels on Topside Rd. ($3.29/gal) will be out of gas by the end of the day, and will not be receiving any more until Sunday.

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