Friday, May 3, 2019

$5 Gasoline -- May 3, 2019

Years ago, during the early days of the Bakken boom, I talked about $5-gasoline in California. I was taken to task, either by apologists for the state of California, for Governor Jerry Brown, or for President Obama. The reader said there was no way gasoline would ever cost $5/gallon in California.

Whatever.

On another gasoline pricing note, I also talked about the "average" price of gasoline. There are two sides of that coin: the less expensive gasoline is in fly-over country where few people live. The more expensive gasoline is on the west coast. Yes, Virginia, there really are two Americas. Those who still pay a reasonable price for their gasoline and those who don't.

USAToday talks about those two Americas

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