Survey: US gas prices down 4 cents per gallon

[Omaha Steve]

Source: AP-Excite

CAMARILLO, Calif. (AP) — The average U.S. price of gasoline has dipped 4 cents per gallon in the past two weeks, and prices in California have fallen 5 cents in the same time period.

According to the Lundberg Survey released Sunday, the average nationwide price for a gallon of regular is now $3.48 — 8 cents below what it was a year ago. The average price for midgrade gasoline is $3.69, and premium is $3.84.

Of cities surveyed in the Lower 48 states, the lowest price, $3.11, was in Jackson, Mississippi. San Francisco had the highest price at $3.92.

FULL short story at link.


Read more: http://apnews.excite.com/article/20140824/us-gas-prices-a414978870.html

[Cha]

1. Well, I'll jump on here and give a Yay.. for the little help that gas buyers have with this news..

may it go down even further! Looks positively cheap on the Mainland compared to Hawaii.

Mahalo Steve

[blkmusclmachine]

2. Whoop dee doo !!!

[santroy79]

5. maybe "Whoop dee doo " for you

but I drive about 70 miles to & from work everyday and I will take anything lower in price

[Warpy]

3. It's fallen farther than that in the past when the spot market futures

have taken a major dump. They're down more than ten bucks a barrel as of Friday and that has translated into gas less than three bucks a gallon in low tax areas.

It was still 3.39 on Friday.

[cantbeserious]

4. Total Vehicle Miles Traveled Flat Since 2009 - See St Louis Fed Link Below

http://research.stlouisfed.org/fred2/series/M12MTVUSM227NFWA

[belltower]

6. These are monopolostic prices, never forget

The OPEC pricing structure -- established in 1982 -- still reigns.

It costs electrical utilities in Saudi Arabia just 7 cents per gallon, never forget.

[Jefferson23]

7. I'm in CT, and our prices dropped about 30 cents..depending on where you buy it. n/t

[madokie]

8. When you see the profits the oil companies are making

which they have to report every quarter you will see that they are gouging us til hell won't have it.
We upgraded our vehicle (2014 Focus) to a new one a year ago in response to that gouging. We save enough on gasoline on this new car to pay the insurance on all three of our vehicles. We drove it a tad over 10,000 miles this last 12 months but yet we're saving a ton of money. I'd say a good third of the payments even on those few miles driven

Thanks Obama for making the auto companies have to increase the fuel economy on our automobiles. If not for the government involvement we'd still be driving 1960's technology

[candelista]

9. It's so exciting!

[CountAllVotes]

10. Whoopie!!!

I noted that the price has dropped from $4.39/gallon to ... $4.29/gallon.

Whatta big 'effin deal eh?

In the meantime, noted that the milk I purchase went from $3.21/half gallon to ... $3.93/half gallon.