"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Sunday, October 12, 2008

MORE GOOD ECONOMIC NEWS: GASOLINE PRICES PLUMMETING!

VIA DRUDGE:

U.S. gasoline price marks biggest drop ever -survey
The average price of a gallon of gasoline in the United States recorded its largest drop ever as consumer demand continued to wane and oil prices slid, a prominent industry analyst said on Sunday.

The national average price for self-serve, regular unleaded gas fell 35.03 cents to $3.3079 a gallon on Oct. 10 from $3.6582 two weeks earlier, according to the nationwide Lundberg Survey.

It was the lowest national average price since March 21, 2008. Since peaking at $4.1124 on July 11, the average cost of a gallon of gas has receded by 80.45 cents.
Gas for Under $3 a Gallon
No, that’s not a mistake. Nor is it a photo from a year ago. That truly is gas for under $3 - but to get it, you have to travel all the way to Georgetown, South Carolina:

AAA of the Carolinas reported drivers were snagging the best deals on Wednesday at the Winyah One Stop on Highmarket Street, as cars lined up for the $2.86 bargain for unleaded regular gas. Gas prices dipped even lower than $2.86 Thursday morning, dropping 8 cents in one night.
WITH CHEAP MONEY AND CHEAP FUEL AND CHEAP STOCKS, THE US ECONOMY IS NOW PRIMED FOR BLAST-OFF!

NEXT STOP: DOW 15,000! (2010 - IF WE DON'T ELECT BARACK HUSSEIN OBAMA!)

1 comment:

Punditarian said...

In Ohio, regular gasoline was $2.79 today at many filling stations.