Why do gasoline prices change so quickly and vary so much?

@SimplyMe (373)
United States
March 13, 2007 7:52am CST
The other day I was driving my daughter to preschool and checked the price of gasoline at various stations along the way. By the time I had dropped her off and started back the way I came, the price of a gallon of gas rose 20 cents. Some parts of our town have lower prices than others. There doesn't seem to be any rhyme or reason to the way prices are set. It is very frustrating!
3 responses
@jolope (987)
• Philippines
13 Mar 07
its because of its scarcity..if it were as abundant as water then it wont be that expensive..
@SimplyMe (373)
• United States
13 Mar 07
I think that is part of it, but if we are about to run out, shouldn't scientists and car makers be working feverishly to find a better way to fuel our vehicles? Seems to me everyone is dragging their feet on this.
@jillmalitz (5131)
• United States
13 Mar 07
They say that right now the refineries are changing from winter formula gas to summer formula so that is one reason. Also the price that the store you buy from may be different that another store. They all make their own deals. What part of the country or state you live in will also dictate price. California is high. They have the added problem of pollution which increase price. Here in Texas prices in Corpus Christi are the cheapest while other parts of the state are higher.
@SimplyMe (373)
• United States
13 Mar 07
I have heard that as an excuse too, but why in Texas? I can understand the weather formula bit here in Indiana, but Texas? It really just sounds like a lame explanation. Not only that, but they have been processing gasline for many, many years; don't you think they would get to a point where the changing of the seasons formulas would be that major of a production. Thanks for your response.
@Jennifer21 (2476)
• United States
13 Mar 07
I think we all feel the exact same way. Gas prices have been booming through the roof. The reason is our president. He owns the oil companies and keeps getting filthy rich off the gas prices. He's so damn greedy that he keeps rising them and rising them somemore. Soon no one can afford to drive and then what will we do?