Wednesday, June 11. 2008

Gas Price Data Accuracy

I suppose it's just another twist on telling the same story in a new way, but a Roanoke, VA TV station wanted to check if websites aimed at finding low priced gas were accurate. They gave the sites they checked for the local area (not clear which site/s) an 85% correct rating. Not too bad since some sites depend on user generated data and prices are changing very fast.

Now, the interesting news: 90% of those responding to a survey (N=500) have yet to use such sites. That doesn't surprise me. I believe for most people gassing up is a no-brainer. We go to the same station near work or home (29% said they did; I suspect true value is higher). If we are prudent, it was the cheapest before the latest spike, and remains so. I know my favorite station continues to be 5 cents cheaper. I like to think those who regularly travel by car in areas with which they are not familiar would use such tools more.

Comments

Display comments as (Linear | Threaded)

No comments

Add Comment

Name
Email
Homepage
In reply to	[ Top level ]
Comment	Enclosing asterisks marks text as bold (*word*), underscore are made via _word_. Standard emoticons like :-) and ;-) are converted to images. E-Mail addresses will not be displayed and will only be used for E-Mail notifications To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly. Enter the string from the spam-prevention image above:
	Remember Information?   Subscribe to this entry