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Omaha Steve

(99,073 posts)
Sun Dec 21, 2014, 03:31 PM Dec 2014

U.S. gas prices fall to lowest since May 2009: Lundberg survey

Source: Reuters

BY RYAN VLASTELICA

The average price of a gallon of gasoline in the United States fell 25 cents in the past two weeks, tumbling to its lowest level in more than five-and-a-half years, according to the Lundberg survey released Sunday.

Prices for regular-grade gasoline fell to $2.47 a gallon in the survey dated Dec. 19, down 25 cents since the previous survey on Dec. 5.

The recent drop has taken prices down more than $1.25 a gallon since a recent peak in May of this year.

"This is mostly driven by crude oil prices, and absent a sudden spike we very well may see a drop of a few pennies more," said the survey's publisher, Trilby Lundberg. "That said, demand is up at these low prices."

FULL story at link.



Read more: http://www.reuters.com/article/2014/12/21/us-usa-gasprices-idUSKBN0JZ0OU20141221

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U.S. gas prices fall to lowest since May 2009: Lundberg survey (Original Post) Omaha Steve Dec 2014 OP
I just filled up this morning in S.W. Florida. $2.39 a gallon. William769 Dec 2014 #1
$1.97 In Small Town Iowa Bigredhunk Dec 2014 #2
$2.69 in Santa Rosa, CA. I've been here five years; never saw gas under $3 before. Comrade Grumpy Dec 2014 #3
It finally went below $3 around my way in Philly BumRushDaShow Dec 2014 #4

Bigredhunk

(1,346 posts)
2. $1.97 In Small Town Iowa
Sun Dec 21, 2014, 03:43 PM
Dec 2014

Every time I fill up somewhere, I go to another town and see it a dime cheaper. It's unreal how it keeps dropping. .05 or .10 every time I leave the house. I actually like prices a little higher to discourage wasteful driving. It's nice for those without disposable income though.

 

Comrade Grumpy

(13,184 posts)
3. $2.69 in Santa Rosa, CA. I've been here five years; never saw gas under $3 before.
Sun Dec 21, 2014, 04:20 PM
Dec 2014

It was over $4 for a good while.

BumRushDaShow

(127,317 posts)
4. It finally went below $3 around my way in Philly
Sun Dec 21, 2014, 05:21 PM
Dec 2014

The stations have been loathe to drop the prices but are always quick to shoot them up.

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