Gasoline projected to drop … then it spikes up!

No sooner than I finished reading reports about projected steep declines in the price of gasoline in the United States …

Then the price of unleaded regular gas spikes up 15 cents overnight in little ol’ Amarillo, right here in the heart of the Oil and Natural Gas Patch.

What gives with that?

One of the reports I read said the price decline can be attributed to a number of factors:

* Automakers are making more fuel-efficient cars. My wife and I are driving one now, a Toyota Prius. We’re doing our part.

* There’s a glut of higher-quality gasoline that needs to be used up. Once that supply is gone, then refiners are going to start turning out lower-grade gasoline, which will sell for less than the better quality go-juice.

* Alternative energy sources are becoming more of the norm across the country. The wind and the sun are heating and cooling more homes, although Texas — one of the sunnier places in the country — needs to get more involved in the solar energy game.

I always have trouble trying to figure out the gasoline pricing structure in Amarillo and the Panhandle. A friend who owns a chain of convenience store/gas stations has tried to explain it to me. It has something to do with the price he pays wholesalers for the gasoline he sells at his stations.

I’ll admit, though, to being annoyed when I read about consumer price projections — only to watch the price of the commodity at issue going in the other direction.

I guess I just need to settle down.