November 4th, 2008

startledcat is startled

Big Oil must really be running scared

Gas prices at the corner station for regular unleaded:

11/2        $2.79
11/3        $2.69
11/4        $2.56

Fill your tank today. When the "Drill, baby, drill" candidate loses, this shameless political stunt will evaporate like morning dew.

Edited to add: Oooh, historical data! This drop is clearly unprecedented in recent history, and clearly far beyond the change we usually see during seasonal switches. On the other hand, the price of crude oil and the international prices are falling similarly.

Update, day after: $2.52.
Update, week after: $2.46. Funny how that works. (By which I mean: Yes, it's still lower, but it took a week to match the one-day drop before the election, and it's largely leveled off since ...)
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