Randylyon: Created page with "ROUNDED OFF GAS PRICES. What was old became new again in 1989. In that year a four-year-old law that required gasoline stations to round off the price of a gallon of gas to t..."

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Created page with "ROUNDED OFF GAS PRICES. What was old became new again in 1989. In that year a four-year-old law that required gasoline stations to round off the price of a gallon of gas to t..."

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ROUNDED OFF GAS PRICES. What was old became new again in 1989. In that year a four-year-old law that required gasoline stations to round off the price of a gallon of gas to the nearest cent came to an end. Without legislative fanfare, it again became legal to charge $1.18.9 cents per gallon rather than $1.19.

Gasoline station owners along Iowa's borders were forced to compete with stations in other states where rounded-off prices were not mandated. Although the difference in price, one-tenth of one cent, did not seem large, psychologically it affected sales.

Although the new law helped gas station owners disguise a recent rise in price, many gas station owners had difficulty to awhile getting signs and numerals to display the new pricing.

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Source:

"Gas Stations Can Now Give You Number .9," ''Telegraph Herald'', May 20, 1989, p. 5

[[Category: Transportation]]

ROUNDED OFF GAS PRICES - Revision history

Randylyon: Created page with "ROUNDED OFF GAS PRICES. What was old became new again in 1989. In that year a four-year-old law that required gasoline stations to round off the price of a gallon of gas to t..."