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Gas Price Psychology 101 - 4-17-08

Well, the Chevron and the Shell by my office both agreed on $3.99/gallon today. The rest of their gas prices are the same:

Plus: $4.09/gallon

Premium: $4.19/gallon

Diesel: $4.69/gallon

My friend S has a theory that it will hang out at $3.99/gallon for a while, because people will only grumble if it’s $3.99/gallon, but people will be outraged if it’s officially $4/gallon, even though it’s essentially already $4/gallon. I guess will see, because I am already on the way to being outraged.

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Posted on Apr 17, 2008 in gas prices
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1 comment

1 West LA Gas Price Update 4-30-08 — Outdoor Urbanite { 04.30.08 at 12:22 pm }

[...] friend S’s theory about gas prices has unfortunately fallen to pieces. Here are the prices at both the Chevron and the Shell at the [...]

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