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Here’s a classic example of just how FAST the price of gas was rising this morning!… (You won’t believe this.)
First, an example of what we saw LAST night… just a few short hours before the Thursday morning rush hour traffic:
On my way to work, I had enough gas in my car to get me to and from work today, but not much more.
But I quickly noticed that gas prices had literally SKYROCKETED overnight — from a high of $2.83 (see above)… to $2.90… and even $2.95!
What was really strange was the wide discrepancy in prices. There seemed to be no rhyme or reason to all the pricing madness.
Sam’s Club To The Rescue
I decided to play it safe and go out of my way a bit to swing by the Sam’s Club in Cool Springs. I was THRILLED to see that Sam’s was selling gas at a record-low $2.55 a gallon. (That was 40-cents less than some stations!)
I filled up, and immediately called Jim — advising him to drive the Jeep to Sam’s Club right away and fill up.
…but wait, there’s more!
It wasn’t until I got home this evening that I noticed JUST how quickly the gas prices were rising this morning… even at Sam’s Club.
Check this out… look closely:
At 7:57 a.m. I was pumping gas at $2.55 a gallon, and I was just about full at $29.27.
At 7:58 a.m., after I topped off, my total was $29.90 at which point the pump clicked off and reset itself. Look closely, and you’ll notice that the price of a gallon of gas also jumped 5-cents to $2.60 a gallon.
…that was in the course of one minute, folks!
Then, a couple hours later, Jim called and said it was $2.66 at the same Sam’s Club when he filled up at 10:45 a.m.
What I Learned Today:
This gas thing is out of control! Now people around here are FREAKING OUT after so many gas stations ran out of Regular Unleaded gas today. And a rumor is spreading that there’s a gas shortage and there will be no gas available for the coming days!
With input from Financial Advisors, (a Tax Accountant and an Investment Manager), I share helpful tips regarding money and finances — including debt relief, insurance, budgeting, and investing for retirement. My goal is to help you save more, spend less, and invest for the future by sharing honest, tried & true budgeting tips and tools. When I'm not saving for the future and helping others save for theirs, you can find me at the corner of Good News & Fun Times as publisher of The Fun Times Guide (32 fun & helpful websites).