Wayne Medley’s Blog

As a very unsuccessful small business owner, I am waiting for my bailout from the government. I am a lot more qualified than some of the banks and insurance companies that they are bailing out. I pledge to keep all the money I am given in my bailout in the local economy, none of my bail out money will go to a foreign company, every penny will stay right here at home like it belongs. I am not holding my breath until I get this bail out but I am very hopeful that I will get this money and be able to spend it on parties like the insurance company did. Come on Obama I am next in line.

Today the price of a barrel of crude oil dropped to $47 it has not been this low in many years and I hope the pump price of gasoline keeps falling too. It is now at a level where I can make some extra money and not have to pay an arm and a leg to fill up my gas tank. I filled up the Tahoe and it only cost me $30 a few weeks ago it was very close to $100 every time I filled it up and that about drove me to drink. I was not going to drink gasoline either. Let us hope it stays down under $2.00 a gallon and I can get ahead for a change.

In spots around Nashville the price of gasoline is under $2.00 a gallon, if you had said a month ago that the price of gasoline would drop that much and as fast as it has dropped I would of called you crazy and at that time I would of been right too. I paid $2.24 last night for gasoline in Franklin and that seemed cheap to me until I noticed on Gas Buddy that the price was under $2.00 in a couple of places. I checked in Oklahoma City who are normally a month ahead of us in price and it is $1.91 there, let us hope it gets that low here soon, that will help the gasoline budget for this rest of this year.

After being unable to locate any gasoline to buy for almost a week, the gasoline flow has finally caught up to Nashville Tennessee. The price is also starting to drop after being above $4.00 a gallon for several weeks it has now dropped down to around $3.50 a gallon. Who would of thought that we would celebrate gasoline at $3.50 a gallon? All around us have had gasoline when we were in a terrible shortage and now the price in Birmingham Alabama is under $3.00 a gallon, we can only hope that the price here will drop to something close to that very soon.

I check a web site everyday that gives the prices of all the stations around the city of Nashville, and man was I shocked to see one close to me with their price at $2.79 a gallon over a dollar less than the rest of the gasoline stations in the area. I grabbed a couple of dogs and headed out the door to see if it was true. Of course when I got there it was $3.79 a gallon. We went back home disappointed and dismayed, I was ready to fill up on cheap gas but no can do. I can hold out till it goes down a few more cents a gallon.