Friday, July 27, 2007

Update 4 - Amador County Gas Prices 7/27

Ok, I'm going to start by apologizing to my readers (0, if you exclude the blog readers coming here to read Casey's Earth Mission blog) for having not put up a new post on gas prices in Amador County for 3 months. The good news is that I have kept up with the price changes and have them saved in Excel. So, going off memory from last night's updates, here is the gas price update.

For nearly a month, the Shell and Chevron gas stations at the intersection of Ridge Road and Hwy 49 have been at a price stalemate. Both stations locked their prices at $3.19 even while the Safeway, Mirastar (Wal-Mart), and the Folsom average price have dropped. Did both stations finally tire of keeping up with the low priced gas leaders in Amador County?

Three months ago, these were the price percentage differences:
"...there is only a 16 cent difference, which equates to a 4.5% difference, which is far below the 10% difference historically quoted by locals. Across the street at the Shell station, the difference is even smaller, 4 cents or 1.2% difference."

As of 7/26, the Shell station on Ridge finally ended stalemate and lowered the price to $3.15, with Chevron at $3.19, Safeway at $3.04, Mirastar at $3.09, and the Folsom average at approximately $2.94. With those numbers in hand, the percentage difference between Chevron and Folsom is 7.9%, and between Shell and Folsom is 6.7%.

So, again, the question is: Why have the gas stations in Amador County (Chevron and Shell, in particular) stopped pricing within earshot of Safeway's prices? Is the rack price of gasoline for Amador County Chevron and Shell stations significantly higher than the Chevron and Shell gas stations in Folsom which are pricing in the $2.90s?