Top 10 Stories of 2008: Gas Prices Rise and Fall
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Updated: 7:48 PM Dec 31, 2008
Top 10 Stories of 2008: Gas Prices Rise and Fall
Coming in at #4 on our list of the Top 10 Stories of 2008 is gas prices in the Brazos Valley.
Posted: 4:22 PM Dec 31, 2008
Reporter: Shane McAuliffe
Email Address: mcauliffe@kbtx.com
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Coming in at #4 on our list of the Top 10 Stories of 2008 is gas prices in the Brazos Valley.

The price at the pump soared over the summer in the Brazos Valley, but soon after Hurricane Ike hit the Gulf Coast, prices began to plummet. In a matter of months, gas prices had returned to levels we hadn't seen in years.

The summer of 2008 saw gas prices skyrocket. A barrel of oil hit a record high of $147 on July 11 and the price per gallon was dangerously close to $4 a gallon.

Then came Hurricane Ike, the stock market crash, and with the addition of Pump Patrol on News 3, the price at the pump dropped like a rock.

But as the price dropped, drivers in the Brazos Valley began to notice a big difference between prices in Bryan/College Station and prices in surrounding areas.

Waco, Austin, and Houston were all ahead of the curve, usually 20 to 50 cents cheaper per gallon than here in Bryan/College Station.

One city nearby city that had lower gas prices was Snook. Slovacek's was selling gas for 20 cents less than anyone else in town, and Tim Rabroker, the owner of Slovacek's, didn't understand why there was such a big difference in the price.

"We pretty much all work out of the same terminal, which is the Hearne terminal," he said. They should be getting the same prices as us. We're an independent and a lot of those folks are chains and they're probably getting a cent or two better than we are, so there shouldn't be any difference in what we're getting our fuel for."

Prices have now stabilized and remain around $1.45 per gallon in College Station, which is a much better price than we were paying.

For the complete list of the Top 10 Stories of 2008, click on the link below this story.


Latest Comments

Posted by: Alexis on Jan 24, 2009 at 02:32 PM

It costs 60cents/gallon for a single electric car than can 'piggyback' on our existing electric infrastructure. However, in order to run millions of electric cars, America would need to heavily upgrade our power generation and distribution network. This would cost hundreds of billions of dollars. The price of electricity would rise significantly. It also means a lot more high-voltage transmission lines which are heavily opposed by adjacent residents. To build such infrastructure will cost hundreds of billions of dollars. This w
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Posted by: Alisan Location: College Station on Jan 5, 2009 at 03:48 PM

Well I go to A&M so I drive a lot to see family ect. With gas prices this low I started looking around and found this site, petrofix.com. I got a years worth of gas below $1.75 so now I am not so worried anymore about gas. I agree it would be better to drive an electric car, but with my limited budget this was a better alternative for me.
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petrofix.com. I got a years worth of gas below $1.75 so now I am not so worried anymore about gas. I agree it would be better to drive an electric car, but with my limited budget this was a better alternative for me.">
Posted by: To Sherry on Jan 2, 2009 at 08:41 AM

"It would cost the equivalent of 60 cents a gallon to charge and drive an electric car." This is only going to be true until the politicians figure out how to "road tax" the electricity used for transportation. At the moment, electric car drivers who are not paying the equilivent of the 50 cents per gallon of fuel tax used to maintain the public roads are freeloading on the rest of the driving public who have no choice but to "pay the pump" to maintain the roads. And as soon as electric vehicles become common enough to begin eroding the gasoline/diesel tax base, TxDoT and CalTrans are sure to find some way to address this.
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