A small station
in Oklahoma City offered refunds to customers Wednesday after hiking gas prices
to $5 a gallon in the wake of Tuesday's apparent terrorist attacks on New York
and Washington. R & L Texaco also sells diesel, but it mainly services gas
is owned by Ralph Pfenninger and his son, Lewis. Reports of possible fuel shortages
caused the reaction, Pfenninger said. "We were in a panic. Rumors were
flying all over the TV and our suppliers called and said they were unsure when
they could get us gasoline and that it would cost us $4 to $5 a gallon,"
Pfenninger told Reuters by telephone Wednesday, after bringing his self-serve
regular price back to $1.649 per gallon. The station reported the diesel price
was stable at $1.79.
and other retailers in the Midwest from Oklahoma to Michigan raised prices on
Tuesday only to bring them back to normal on Wednesday.
Corp and Chevron Corp. on Tuesday said there was no gasoline shortage and froze
wholesale prices to retailers.
Automobile Association said the statewide average for self-serve regular in
Oklahoma on Tuesday was $1.548 a gallon.