Gasoline prices fall below $3 a gallon - Reuters

Source: Reuters

Gasoline prices fall below $3 a gallon
Sun Jan 27, 2008 3:05pm EST

NEW YORK (Reuters) - The average price for a gallon
of gasoline in the United States fell below $3 due to
less demand and slightly lower oil prices, and was
likely to hold steady, according to an industry analyst.

The national average for self-serve, regular unleaded
gas was about $2.98 a gallon on January 25, down
9.43 cents in the past two weeks, according to the
nationwide Lundberg survey of about 7,000 gas
stations.

"For the immediate future, unless crude oil prices
either leap up or fall dramatically, I expect little
change for average price of gasoline in the street,"
survey editor Trilby Lundberg told Reuters on Sunday.

Both refiners and retailers experienced shrinking
profit margins, which means gasoline prices will likely
rise when demand increases.

-snip-

Read more: http://www.reuters.com/article/newsOne/idUSN2741678220080127

Tell me when I should celebrate :boring:

Wonder if they'll creep even lower during this election year.

"Deja-moo: the feeling you've seen this bull before"

Winter is still here. Lots of opportunities to ram it up the arses of folks up north.

Because that's what I was paying when Bush was elected.

Not really........