Tuesday, May 13, 2008

The New $5 bill and the Old Gas Pumps

Gary's post about the new $5 bill reminded me of a story I read yesterday. It seems that some of the old gas stations are living in fear of $4.00 per gallon gas. The reason is that lots of the old, pre-digital gas pumps can't handle anything more than $3.99 per gallon on their pricing mechanisms. I imagine that way back when they were building these things and gas was twenty cents per gallon, buying gas for $2.99 seemed like a flight of fancy. And yes, I said $2.99 not $3.99. Many of these pumps have already been upgraded once.

Ah, here's the story: link

So if this summer you stop at a little station with manual pumps and the price is either covered up or you think you're getting a great deal, think again. Gas is over $4 but the machinery can't handle it.

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