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Old May 17, 2011 | 09:58 AM
  #18 (permalink)  
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mdaniels4
Senior Member
Joined: Dec 2008
Posts: 1,396
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From: Apple Valley, MN
Default Re: All time high gas prices here...

3.95 here in Mpls. I understand the oil economists are playing with trying to find that perfect penny where demand is maximized and therefore maximum dsales without a corresponding drop. they know the magic number, outside of speaking for local taxes is about 4.00 a gal where people will change their habits marginally more than the price increase but where it is exactly to maximize is up for question. however with the holidays coming up, airfare travel is high cost and time is not conducive either, driving tripswill be up too, so price probably will be also.
 
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