by Mike Masnick
Thu, May 29th 2008 6:52pm
At the beginning of May, we mentioned that a bunch of gas stations were discovering that their older pumps couldn't handle prices over $4. They ticked up to $3.99 9/10 / gallon and that was it. For now, it appears that some regulators are allowing such gas stations to start selling gas by the half gallon -- or, rather charging half-price and doubling it at the register. They're only allowed to do this if they can show that they've ordered new parts that will handle up to $9.99 -- though, of course the folks who make such parts are running out of them quickly as a bunch of stations are rushing to upgrade. Any bets on how long until we'll be writing about the gas stations running into problems when the price of gas reaches $10/gallon? What's scary is that even at the half price ($2.03/half gallon), it wasn't that long ago when that seemed really high for a full gallon.
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