Less than 4 hours after the tragedy in NYC and the Pentagon, here in my town, population 1200 people, the price of gasoline went from $1.79 for a gallon of unleaded to $3.52 a gallon. Anyone else seeing this kind of lunacy?
"After our tanks are dry the pumps are going to be turned off," was all the station owners would tell me. We have 4 places to buy gas here, and 3 of the 4 immediately jacked their prices......Texaco's station raised the price to $1.81 oddly enough.
It is exactly actions such as these that hurt us in the long run....no refinery was hit, our petroleum industry was not hit, but due to the price gouging I have seen today, people are reluctant to spend their money. This can negatively affect the economy, which is dependent on the flow of currency. Seems some people are playing right along with the terrorists, exhibiting the lack of confidence they sought to instill in us........