Tuesday, August 12, 2008

A Good old fashioned Gas Price War...

A gas price war that has fuel selling for less than $3 a gallon turned into long lines for two northwest Harris County gas stations, KPRC Local 2 reported Tuesday.Two gas stations on Eldridge Parkway at FM 529 started the price war at about 3:30 a.m. on Tuesday.Word quickly spread and long lines formed when gas prices kept dropping. At one point, the lines continued onto the street.

At 3 p.m., gas was selling for $2.85 a gallon at the Shell station and $2.83 a gallon at the Chevron across the street.Even big rigs got in on the action when diesel dropped to $3.69 a gallon.There's no word on how long the gas price war will last, how low prices will go or how long the gas will last.The average gas price in Houston on Tuesday was $3.62 and diesel was $4.44.

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