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Wednesday, January 30, 2008

Random

Today's post is rather random. I've been paying attention to gas prices at various gas stations around town. The gas station I've always heard has the lowest prices (corner of Union + Lake) was not actually the cheapest, but it did beat the median sample by around 10 cents/gallon. The cheapest was about 20 cents/gallon cheaper than the median - just across from Borders on Lake. Most other gas stations in Pasadena were all at the same prices ~ 3.27$ per gallon, so that was easily the median sample. I just found it odd that there were two fairly extreme outliers.

Other cities had different prices, though not by much: Glendale was right around 3.27, but I did see one station there that was 10 cents cheaper.

Anyways... gas prices are odd, even on a local scale.

2 comments:

Lemming said...

I once saw, somewhere around Walnut Creek, a pair of Chevrons, on different corners of the same intersection, with different prices.

Travis said...

In Albany (CA) at the intersection of Marin and San Pablo there's a Shell on the northeast corner and an Arco on the southeast. The Shell station has consistently higher prices. I conjecture that this is because if you're going west on Marin, (a) you're probably headed for the I-80 onramp, (b) that intersection is your last chance to get gas before the freeway, and (c) it's much easier to go to the Shell than to turn left across two lanes to the Arco and make a second left turn to get back onto Marin westbound. A lot of these people will be morning commuters and somewhat time-constrained, so the demand for quick, convenient gas is higher and the Shell can charge more.