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Reply #13: 30c is an urban legend. As is 80c... Here are links [View All]

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uppityperson Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-15-07 08:37 PM
Response to Reply #9
13. 30c is an urban legend. As is 80c... Here are links
http://www.msnbc.msn.com/id/18492185/
Let's start with the price impact of that alleged “gas out.” In the first week of April 1997, the average price of a gallon of gasoline nationwide was $1.248. By the end of the month, the weekly average was $1.24. If there was a one-day drop of 30 cents a gallon, it doesn’t show up in the statistics compiled by the Department of Energy.

Here is a weekly gas price link (can make monthly/annual also
http://tonto.eia.doe.gov/dnav/pet/hist/mg_tt_usw.htm

http://www.click2houston.com/investigates/13225742/detail.html
The e-mail claims, "In April 1997, there was a gas out conducted nationwide in protest of gas prices. Gasoline prices dropped 30 cents a gallon overnight." The statement is false. There was no "gas out" in 1997.

Davis found one in 1999, but it did not cause gas prices to drop 30 cents per gallon overnight. Reports say it didn't cause prices to drop at all.

That's why experts say the best way to change gas prices is to try and conserve every day and not just for one day a year.
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