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Prices Down, Prices Up

Wednesday, May 11, 2011
BY ERIC BERNSEE Editor
The tumbling value of crude oil has current fuel prices creeping slowly downward, like on Monday afternoon when regular unleaded fell below the $4 mark at the Greencastle Clark station. By Tuesday afternoon, though, prices had returned to $4.19 at five of Greencastle's 10 stations. The cost remains a far cry from what it was in the not-too-distant past. The photo below of the Greencastle McClure station in the late 1990s shows regular unleaded, super unleaded and diesel fuel all under $0.90 per gallon. As of Tuesday afternoon, the average price for a gallon of regular unleaded was $4.09 in Greencastle. It had recently spiked to nearly $4.30 per gallon.

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  • All I can say is our government is NOT protecting the american people, gas prices a direct result of a goverment sanctioned price gouging industry. As was once saidon tv our govement gives oil company money and tax breaks, and they are reporting record profits every quarter that we pay these prices, I am going to have to say if the government can't do the job, we as consumers should.

    -- Posted by Oh My Goodness on Wed, May 11, 2011, at 7:38 AM

  • And a carton of cigarettes for under $17!

    Those were the days.

    -- Posted by anonymous101 on Wed, May 11, 2011, at 6:03 PM

  • well what do you expect when you let tanks sit empty underground for two years. They draw moisture.

    -- Posted by exhoosier2 on Thu, May 12, 2011, at 8:45 AM

  • There is NO reason for the gas hikes to start with!!! Gas should only be about 1.20-1.50 per gallon. Indiana is completely off the scale. I have traveled a good bit the last month and as soon as you cross the bridge into Kentucky gas is in the upper 3.70's to 80's and farther down south it is selling in the 3.50's to 3.60's. Still twice what it should cost.

    The government is too stupid to see this is the biggest problem for people in the past 6-7 years. No one can make it to work or anything else. They have to be vested in these oil companies some how. They are make billions in profit.

    And it is even a BIGGER problem if you live near Poland were everybody has to drive even farther out of the way to get to work, once again do to the government. Only the government would put a bidge in lower than where the water level comes to and then spent millions working on it and STILL never raise to dum thing up. I personally spoke with Vern Tincher about doe creek bridge, which is even worse, and he said "Yes that is an issue and we will be working on that". That was September 2007. It has been closed for months at a time. Pittiful and ridiculous!!!!

    -- Posted by clovermaybe on Tue, May 17, 2011, at 11:00 AM

  • Or maybe the government WANTS these prices to stay high, so that the struggling citizens come running to them for help...to no avail of course. And on the heels of the Indiana supreme courts recent ruling, furthering the advancement of a police state, government allowed (if not endorsed) market manipulation shouldn't be ruled out.

    -- Posted by stranded67 on Tue, May 17, 2011, at 1:20 PM
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