Bartlesville Gas and the Downside of Dropping Prices at the Pump

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bartlesville gas price steve clemons.jpg
I snapped this picture on Monday morning this week in Bartlesville, Oklahoma where I paid $2.09 a gallon for gas.
Bartlesville is the original home base of Frank Phillips and Phillips 66 (now ConocoPhillips).
This ought to worry everyone. We’ll be under $2.00 in some parts of the country soon — and the price gougers elswhere in the country will slowly float down to these levels as well.
This is unfortunate on a number of fronts as a combination of the massive economic shocks that have hit the country and the precipitous price drop at the gas pump will be negative incentives in moving more expeditiously to alternative energy regimes.
— Steve Clemons

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