Gas Prices Dropping; Closer to $3 Per Gallon

Tuesday, October 14, 2008 4:37

Finally – some relief from ridiculously high gas prices.  All summer long I’ve been paying over $50 to fill my tank – on regular unleaded!  Now granted it’s a V8 gas guzzler (not even an SUV!) that only gets 20 miles to the gallon, but still, with gas prices hitting $4 per gallon in some spots it has been expensive.

But the good news today is that the nationwide Lundberg Survey of gas prices has discovered that the average national price for unleaded regular gasoline has dropped .35 cents, from $3.66 to $3.31 per gallon.  Almost at $3!

We’re not out of the woods yet; CNN reported that gas prices are still 19% higher than they were a year ago. Still, we’re within .25 cents of hitting the $3 average.  Their report is more optimistic; according to CNN the average price of regular unleaded dropped to $3.247 a gallon nationwide, down almost 4 and a half cents.

Time to fill ‘er up yet?  Not yet … I bet gas prices are going to keep dropping all week!  Unless, of course, you’re out of fuel, in which case, yes, you’d better go fill the tank :)

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Posted in category National Gas Prices

One Response to “Gas Prices Dropping; Closer to $3 Per Gallon”

  1. Car Insurane Maniac says:

    October 11th, 2009 at 5:22 am

    Huh, Lets go green, lets go with hybrid cars for this will save us for the high price of petrol, we don’t know if that $3 per gallon will increase its price for the next couple of months, so I recommend hybrid cars.

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