09/13/08 88 W, 1 I - + 10 - 8 What a Gas


Crazy prices all around, at least for a few hours on Friday. WRAL has this story, for starters. The below sign was seen in Fayetteville. The N&O also covers. The Governor declared a state of abnormal market disruption, allowed under North Carolina Law1. And prices normalized by the end of the day. 
 


WRAL photo
 
1Price controls as explained on this Wiki, including some interesting links with opposing perspectives. Disclaimer: This blogger is not an economist, nor plays one on television.





  
Remember personal info?

/ Textile

Comment moderation is enabled on this site. This means that your comment will not be visible on this site until it has been approved by an editor.

To prevent spam we require you to answer this silly question
 

  (Register your username / Log in)

Notify:
Hide email:

Small print: All html tags except <b> and <i> will be removed from your comment. You can make links by just typing the url or mail-address.