The NBC affiliate in the Twin Cities recently ran a report questioning why the spikes in gas prices were happening. At the time of the report, we were around $3.29/gallon. In a nutshell, the report found that really Super America controls the pricing, as they are by far the largest represented fuel supplier in the metro area. We were having 25 to 30 cent jumps on a regular basis. Yes, supply and demand figures in, but the data was graphed and compared to other metro areas in the US under SA "control" and not under SA "control." The findings were that in the areas where SA (a.k.a. Speedway, and one or two other brands) dominated the station population, the results were nearly spot on identical. In the areas where SA, et. al were NOT the dominant station, the general flow of the graph was similar, but without the significant spikes along the way. Needless to say, when the reporter called SA, they did not return calls.
Interestingly enough, the day after this report aired, SA dropped prices ~25 cents. Of course, everyone else followed suit.
I just gased up (sadly @ SA) for $2.99.
Integrity & Honesty
have been sacrificed on the combined altars of Control, Political Correctness, and Convenience