Friday, May 25
In the wee small hours of Friday, May 25, 2012, the first day of the Memorial Day Weekend and first day of the summer driving season, here are the prices for regular gasoline posted at three large gas stations in West Ocean City, Maryland:
- $3.55 @ Exxon
- $3.53 @ WaWa
- $3.49 @ Royal Farms
Update, Saturday, May 26
Twenty-four hours later, about 1 a.m. Saturday, all three gas stations had synchronized their price for regular at $3.49.
What’s up with gas prices? We were all expecting $4 gas by Memorial Day. Remember? During the winter and early spring, I saw prices for regular hit $3.99 in the metro areas on the Western Shore of Maryland. In some places, prices topped $4.
Correct me if I’m wrong, but isn’t Exxon the largest corporation in the world, and the most profitable? I guess they didn’t ring up all that profit on low prices.
Gas prices are usually lower on the Eastern Shore than in the metro areas. I don’t know what the price is on the Western Shore of Maryland right now, but I’ll bet it’s higher than $3.55.
So is it a price war in West Ocean City? Or did someone simply miss the signal on prices? I don’t have a clue. It will be interesting to see where prices go over the holiday weekend, and over the course of the summer.
What’s gas selling for in your neighborhood?
– John Hayden
- Tanger Puts $3M Into Ocean City Outlet Renovations (baltimore.cbslocal.com)
- Memorial Day weekend: Expect high traffic (wjla.com)
- Help Wanted: Ocean City Ready For Summer 2012 (marylandonmymind.com)
- Gasoline Price War (pitstexasexpatblog.wordpress.com)