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

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