more on gas prices

Gas prices in Richmond have caught up with the rest of the country by going over $2/gal.

They did it again. Richmond area gas prices have stayed at a constant $1.89 ever since the jump from $1.84 to $1.99 and then fall back to $1.89 last week. When I was in Lexington on Monday, I noticed their gas prices had gone down to as low as $1.81, which I saw as a sure sign that ours would be inching down again soon. So, I wasn’t surprised when the usual cheaper places began lowering their prices by a cent every other day. This morning on my drive in, I was pleased to see that my favorite station had gone down to $1.87. Not much of a difference, but I figured it was just the beginning of a trend. Sadly, this was not the case. On my way home this evening, I nearly hit the roof when I saw station after station brazenly displaying $2.05 for regular unleaded — only $0.04 less than what the premium had cost at 7:30 this morning. Tell me again why this is good business practice?