As featured in The Wall Street Journal, Money Magazine, and more!

Hawaiian Gas Caps

by Flexo on August 25, 2005

in Uncategorized

When we talk about gas caps, we are usually referring to the round knob that you remove when you stop to fill up your tank and sometimes forget to replace before driving away. But there’s a new kind of gas cap in the Aloha State.

Hawaiians have now been assured by law that they will not have to pay more than $2.1578 (before tax, wholesale) beginning September 2, thus enacting a gas price cap. The customer will still pay more than this, however, and the law may be ineffective for helping consumers. Some believe gas providers may leave the island-state entirely if profits cannot be made in Hawaii.

VN:F [1.7.5_995]
Rating: 0.0/5 (0 votes cast)


About the Author

Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.

If you enjoyed this article, get the free RSS feed or get daily emails.

Join the free Consumerism Commentary newsletter. Enter your email address here to receive weekly emails with behind-the-scenes information, exclusive giveaways, and money tips.



Related Entries on Consumerism Commentary

Comments on this entry are closed.

Previous post: Derivatives, The Future of Investing?

Next post: Weblogs, Inc.’s Blogger Contract