Sunday, November 2, 2008

Gas Prices Falling - below $2

I loved the opening line a newspaper article in the local Sunday paper.
The sky wasn't falling Saturday in Topeka — only the gas prices.

The article, as you probably have already guessed was about lower gas prices.

At $1.99 per gallon, motorists flocked to two stations on S.W. 6th Avenue, where gas prices dropped periodically through the day.
Prices at the Quick Stop 2nd, 1320 S.W. 6th, opened at $2.03 Saturday before falling to $1.99. Quick Stop 6th, 1107 S.W. 6th, fell from $2.05 to $1.99 by Saturday afternoon

According to one person interviewed in the article (and I would have to agree with him).

"It's been a long time since I've seen it with a one dollar in front of it," John Crader shouted to another motorist waiting for an available pump at Quick Stop 2nd.

The low prices came just one day after the biggest drop in crude oil prices ever.
Oil fell about 32 percent for the month, with gasoline prices declining by about 40 percent since peaking this summer above $4 a gallon.


Sounds, like I need to make sure I get some gas to. Perhaps, gas prices will stay below $2 throughout the winter months.

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go ahead share your thoughts with me now.

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