Gas Prices Falling Fast
Tip It!I generally try not to talk too much about gas prices, but in this case I couldn’t resist. This past Saturday I bought gas for $2.139/gallon, and I saw it later in the day at a rural location further down the road for $2.029/gallon. I retrospect, I was struck by two things. First, I’m amazed at how quickly the prices have fallen. Second, and more importantly, I’m amazed at how quickly I came to view gas at slightly over $2/gallon as being “cheap.” But no matter how cheap it feels, I still recommend that you do simple things like drive conservatively (unlike our friends in Texas), think high mileage when shopping for a car, and consider public transportation whenever possible.
Published on September 25th, 2006 - 5 Comments
Filed under: Automotive, Economy
About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!
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September 25th, 2006 at 5:31 pm
I bought gasoline a week ago in Virginia Beach, VA for $2.009/gallon and was furious to find out my husband had bought it at the Norfolk Naval Base for $2.199/gallon three days later.
By now, it’s down to $1.969 or so. I’m pleased at the prospects of a smaller household gasoline bill, but the cynic in me suspects the prices will go back up in six weeks and two days.
September 25th, 2006 at 8:18 pm
I’m retired now and gas doesn’t affect me now as much. If it goes up to high I just don’t go out as much. Here in the Peoples Republic of California I paid $2.59 and thought I was getting a steal. Thats prett sad when I saw a picutre on DrudgeReport today that showed $1.49.
I guess it costs a lot more here because they can rape us.
September 25th, 2006 at 8:39 pm
I just sold my 13mpg V-8 car and bought a new Honda Accord in part due to gas prices. I still have a big SUV too, so keep those gas prices falling.
September 26th, 2006 at 3:06 am
The odd thing is that gas used to be cheaper in Indiana than it was in Michigan, and now it seems to be the other way ’round.
But hell, I wouldn’t live in Michigan again if they were giving gasoline away for free.
And yes, it is amazing how quickly $2.23/gal (best price I’ve seen since Katrina) has come to feel “cheap”.
March 14th, 2008 at 4:35 am
The sad part now, less than two years later, is that 2.50 seems insanely cheap.