Sunday, May 07, 2006

Gas price war

As Clint points, out, something like this could never happen here:
In Latrobe, Pa there was a gas war earlier this week.

Latrobe Pennsylvania- A gas station's credit card promotion in Pennsylvania turned into a 7 hour price war with a competitor.

Both Latrobe Pennsylvania stations started out tuesday with regular unleaded for $2.89 a gallon.

A BP station countered by offering the first discount. The independent station across the street took their price a few cents lower.Within a couple of hours both stations were selling for $2.36 a gallon and drivers were lined up for blocks.
Eventually the state patrol had to get involved because of the traffic mess. It can't happen here, of course, because of the minimum mark-up law.