Gas prices jumping

Posted at 1:24 PM on May 11, 2009 by Bob Collins (3 Comments)
Filed under: Energy, Politics

Despite what the weather might suggest, there must be a summer coming. Gas prices are heading up in a hurry.

In the Twin Cities today, the price of a gallon jumped about 20-cents-a-gallon, to about $2.39 in some locations, still lower than the $3.61 of a year ago, but we might get back there soon enough.

It was July 2005, when we visited these levels for the first time. The state had shut down over a budget dispute between Gov. Tim Pawlenty and the Legislature.

Coincidence?

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Comments (3)

Rising gasoline prices are sort of a mixed bag for me.

When prices are high, Minnesotans drive less and use mass transit and cheaper alternative fuel (E85) more. This should help reduce air pollution in the state. Last July, when gasoline sales dropped 9%, E85 sales went up 16% from the same time the previous year.

On the othert hand, my personal VW burns gas, not E85, so...

Posted by Bob Moffitt | May 11, 2009 2:22 PM

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Grumble, grumble. I've been putting off a gas stop for several days. I guess laziness has not payed off this time.

Posted by bsimon | May 11, 2009 4:33 PM

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I'm no better at timing the gas market than I am the stock market.

I've gone back to NOT filling up, especially for the "commuting only" nature of the way I drive. No sense paying to lug around 8 gallons of gas I don't need. So I fillup only halfway.

And I took the golf clubs out of the car today (I'm no good at that, either). No sense using energy to drive extra weight around.

Posted by Bob Collins | May 11, 2009 4:57 PM

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