How Low Will it Go?

Last night as I was filling up my car’s tank at my favorite (lowest cost along my route) station, I was pleasantly surprised to see regular unleaded was “under” $2.00 a gallon. (To be more precise, it was listed as $1.999.) It was similar to the excitement I felt several years ago, probably around December 2001 according to this chart, when the price dipped below $1.00 a gallon. It’s a bittersweet feeling as I’m still not happy I have to pay twice as much now compared to only five years ago, but it beats $2.499 or $2.999 or higher.

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4 Comments on “How Low Will it Go?.” To add your own comment, scroll down.

  1. #1: Hazzard
    Monday, January 22, 2007
    4:28 pm (reply)

    Feel very lucky!

    People around here are ecstatic to find gas at 2.40 a gallon. We’ll never see gas under $2.00 here. And it makes me mad to see the prices going down much slower than they went up. Crooks!

  2. #2: Nagel
    Monday, January 22, 2007
    9:11 pm (reply)

    With oil rising back over $53/barrel and OPEC ready to decrease production don’t expect low prices to stay.

  3. #3: Andy
    Tuesday, January 23, 2007
    5:18 am (reply)

    Here in England it costs $2 per litre.
    That’s a little over $7.50 a gallon.

  4. #4: TJP
    Saturday, January 27, 2007
    6:26 am (reply)

    $7 is out of control. If you have to pay that much, why not become more friendly with the metro?

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