This article is quite interesting since it talks about gas prices dropping on a regular basis, as opposed to the fact that at one point in time, people couldn't believe the rate at which it was growing!
According to a recent survey, gas and crude oil prices have dropped at a rate of 12 cents since the 7th of August 2009. The reason for the sudden drop is being blamed upon the steep unemployment rate and the country's recession.
A point to note is that, the highest price for gas in the country stands at $3.29 a gallon in Alaska, and the lowest, $2.16 a gallon in St. Louis, Missouri.
1 comment:
This article is interesting, because it confirms what I've noticed just walking around Delaware. It's interesting to hear that the cause is that there is actually much higher supply than demand. It seems so recently that the opposite was true, and people were down nearly $4/gallon at the pump. While lower gas prices are good for people, the reason and trends behind them are not.
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