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Tuesday, March 10, 2020

Oil Price Cut Great For The Consumer

Above, the Jamestown, New Mexico Flying J Travel Center. Photo by Armand Vaquer.

The cut in oil prices by the Saudis to stick it into Vladimir Putin's eye is the primary reason for yesterday's crash in the stock market.

But, the cut is great for the consumer. I've already noticed that gasoline prices have dropped locally.

Yesterday, before heading into Gallup for dinner, I filled up the gas tank and paid only $2.149/gallon at the Flying J, and that's with my five cent per gallon Good Sam Club discount. Otherwise, the price would be $2.199/gallon, which is essentially Gallup prices since gas prices there are usually lower than at the Flying J.

I pity the poor souls in Commiefornia for the prices they have to pay for a gallon of gasoline.

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