Friday, November 21, 2008

Gas Price Woes

We're all relieved that gas prices are going down (besides the oil moguls), but now the injustice of it all seems to hit. Gas prices were 35 cents per gallon lower in Anchorage than Homer last week, and from what I hear prices are at least a dollar per gallon lower in the Lower 48. Considering we get our fuel from an oil refinery just up Cook Inlet (Nikiski), it seems like our fuel prices ought to be lower than elsewhere. It's a quick boat ride from Nikiski to Homer, while most states in the U.S. don't even have a refinery in state.

Rumblings are that Tesoro is recouping losses elsewhere by keeping Alaska gas prices abnormally high. In most places in the state (Anchorage excluded), Tesoro is the only gas station available. That monopoly allows them to charge what they like for gas, and we have to take it since we have no choice. Obviously, the competition in Anchorage has driven prices down to a somewhat less inflated cost.

So while I am delighted gas is no longer $5.00 gallon (it was pretty darn close, but I stopped looking after it hit $4.50/gallon), of course $2/gallon would be much easier on my wallet! To all those down yonder: count your blessings!

1 comment:

Anonymous said...

I hate to tell you this, although I'm sure you know, but even in rural Montana we are finally down to below $2 a gallon. I threatened to take a picture of the gas price reader board since I can't even remember when we could buy fuel for less than $2 per gallon.

I agree, your prices seem quite unfair. When we visited Alaska, that is one thing we thought was quite unusual - especially since you have so much of our domestic oil.

Guess it just goes to show you!