One of the features that prompted us to choose Lincoln’s MKT was that it really does handle like a car rather than an SUV, and that it runs beautifully on regular octane gas. Well this trend obviously hasn’t escaped the detection of gas station dealerships. We know that gas prices in general reflect government-sanctioned price gouging, and I’ve written before about the folly of regulatory selectivity in this regard.
Now that prices at the pump have again begun to escalate faster than you can blink, look at the latest trend. Last year as luxury car owners began to put “Plus” or medium grade octane in their tanks in an attempt to save on the ridiculous cost of “Super”, pump owners began to increase the price of the medium grade. Now the same charade is occurring with regular. Last year it was common to find the price differential between regular and plus to be at least 20 or 30 cents. Now that auto manufacturers are producing more models that can run on regular, you’ll see the price of regular steadily climb so that savings to the consumer are minimized.
Is there not anyone in government that will speak out yet alone take action on this overt price gouging?