It's hard to believe that just a couple of months ago (actually the beginning of OCTOBER), gas station signs look like the pictures above.
But thanks to the oil companies finally coming to their senses (it only took a small stock market crash and the fall of financial institutions), we're seeing gas prices fall all over the country -- but most importantly, right here in the SBC.
Even before the November election, prices started slipping, then we finally saw gas below $2 a gallon in recent weeks:
It seemed like everyday, petro prices dropped a few cents ... I remember one weekend I filled up on gas for $1.87 a gallon on a Friday and by Monday it was $1.81.
At the Raceway on E. 70th (at Southern Ave.), gas prices dropped a 10 cents in a matter of a week:
Today, gas is around $1.63 on average in the SBC. (Compare that the national average of about $1.95). I'm thinking it may hit the $1.50 mark before Christmas.
Now, not every station has heard about lower prices ... I snapped this a couple of weeks ago at the Exxon on Line Ave. I'm hoping they got the memo by now ...
Some states are still paying for gas above $2-per-gallon at EVERY station, but I doubt they are complaining, because I'm sure not!!!
Will these low prices stick around? Experts can't say ... Though prices normally fall in November, the economic crisis has made them drop a little more rapidly than usual.
- Check out CNN's story on gas prices and what's in store for U.S. motorists HERE.
Happy (and safe) driving everyone!
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