Monday, September 12, 2005

Vacation observations: Gasoline Pricing Parity

Back from a week off of blogging, I have this personal observation to make. For the first time in memory, the cost of a gallon of gas is about the same in Los Angeles as in Honolulu as in Texas. Supply and demand at work, I guess, as California and Hawaii felt minimal impacts from Hurricane Katrina, as they have their own refineries and oil blends.