Friday, February 25, 2011

Gas Prices Hit the Highest in 2 Years

A shell service station near Lost Hills, California


This week marks the highest gas price hike in the US. In fact today was the largest one-day increase since 2008. Crude oil hits as high as $103 a barrel earlier in the season but it was only last week that prices were trading below $90 a barrel.

The National Average as of this week is $3.28 If you were pumping gas at $3.46 a gallon today, do not be surprised when your preferred gas station would sell around $3.62 a gallon next week or the week after. Gas prices this week have increased to almost 12 cents a gallon and this trend will continue to rise over the next few days.

Hawaii is the most affected with the price hike at $3.76 per gallon while Wyoming was the least affected at $3.01 a gallon. Here's some data:


Top 5 States that have the highest price increase per gallon

  • Hawaii               : $3.76 
  • Alaska               : $3.67
  • California           : $3.66
  • New York          : $3.50
  • Connecticut       : $3.46

Top 5 States that have the lowest price increase per gallon

  • Wyoming           : $3.01
  • Montana             : $3.03
  • Missouri             : $3.13
  • New jersey          : $3.14
  • Colorado            : $3.14


If your state was not listed above, click this link to view price hike increase state by state in table format. Or, better yet, click the image below to view using a map graphics.


It is really a pain in the wallet for workers like you and me that travel miles and miles away to worksites when we hear gas prices have gone up, and more painful when your company do not pay your mileage for such travel, and even most painful when you only work part time for the company. I have raised this concern because many of my readers work for RGIS LLC. 

And they know that many stores they are scheduled for would last 3 hours of inventory time. When gas prices are going up as fast as you drink your favorite soda in one hot summer, we thought of cancelling these stores in our list rather than spending more than what we would get paid for the day. 

I mean, how do you like getting up at 5 in the morning, get dressed up, travel down to your store 30 miles away from your warm and cozy bed, only to find out that the store inventory you are scheduled for that day lasted only for 2 hours then get paid $9 per hour? What a waste of resources.

It doesn't make sense, does it?  

No comments:

Post a Comment

Everyone is free to comment. Currently, comments are not moderated from this blog. However, Google SPAM and customized filtering are active for this blog. Be civil and polite when responding or placing your own.