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Wednesday, May 07, 2008

The road to $4, 5/7/05

Speedway hit $3.899 a gallon in Huntington today.

$4 is coming.

The difference between $3.899 and $4 with a 14-gallon tank?

$1.31.

It's $50.69 vs. $52.

UPDATE, 5/8

So I compared the price of gasoline on Aug. 3, 2006, the last local record price recorded before the elections when Democrats took over Congress, and compared it to today's price. In both cases, I subtracted about 50 cents for taxes. The result is that gasoline today costs about 28 percent more than it did then.

Blame who you want. Make your own cause-effect correlations.

I only wonder if the "Road to $4" will morph into a much shorter "Road to $5."