Friday, September 12, 2008

The hurricane, not the president

ikemap

Several Jonesboro gas station operators, notably the Kum & Go folks, jacked their prices up significantly overnight. Kum & Go was charging $4.29/gallon this morning while Conoco was charging $3.69. The Super D drugstore/gas station on Stadium Avenue had regular at $3.69 at 9 a.m., but bumped it up to $3.75 by 9:30 a.m.

I gassed about 9:20 a.m. at Sam's Club and paid $3.60, the same price Kroger was charging. By noon, Kroger had raised their price to $3.99.

A mid-afternoon check of arkansasgasprices.com showed the $4.29 being charged by Kum & Go and five other stations in Jonesboro and nearby Paragould are the highest prices reported in the entire statae. The statewide average is $3.82 and the lowest is $3.42 at Sam's Club in Fort Smith. The national average stands at $3.71. (This time last year, Arkansans were paying $2.76/gallon.)

Gov. Mike Beebe invoked emergency price controls, which presumably freezes gas prices and prevents gouging, but it remains to be seen whether the profiteers will comply.

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