The market clears

I went to the bank to make a deposit (Kroger ATM) and then drove around a bit. The lowest I saw gas was $2.89, the highest was $3.41 (at a place that is always the highest) and the average was around $3.15. At least in the Avondale-Decatur area.

All of the places seemed to have gas though, which would indicate that the biggest problem didn't happen. For more on the Atlanta area situation see this post on VodkaPundit.

Fifty cents in one day. I do realize that recent events were the result of a supply disruption, and not a long-term trend, but can we drill in Alaska now? I thought that would arise in the national conversation but it seems like it won't.