It used to be that a price increase of a penny or two a gallon translated into a 2-5% price increase. Today, a 2-5% price increase is 10-15 cents per gallon, and that's just what we're seeing every few days.
Do you remember when gas prices hovered at 98-cents or 99-cents? Remember the signs at the gas stations which had only 2 digits for the prices? What happens when you spill over from cents to dollars-and-cents? I remember cardboard signs with a big "1" painted on it, taped to the signs announcing the price-per-gallon.
I suppose that now, with digital, we won't have the same problems when the gas prices go to a two-digit price for dollars. Yikes!
(Hey, Congress, can we start drilling in Alaska and the Gulf already? Pleeeeease?)
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