Posted on 10/31/2005 6:19:35 AM PST by rightinthemiddle
Gas prices move below $2.50 Regular unleaded price has fallen over 18 percent since Labor Day record high, AAA reports. October 31, 2005: 7:06 AM EST
NEW YORK (CNN/Money) - Regular unleaded gasoline prices fell nearly two cents Monday, dipping below the $2.50 mark, according to travel group AAA's daily survey.
The nationwide average price for regular unleaded fell to $2.492 a gallon from $2.509 Sunday, according to AAA. The price is down over 18 percent from the record high of $3.057 that it hit on Labor Day, following Hurricane Katrina.
Gasoline is down from $2.887 a month ago, but up from $2.031 a year ago, AAA says, a 23-percent year-over-year increase.
(Excerpt) Read more at money.cnn.com ...
Below $2 a gallon adds 10 points to W's approval ratings.
It's not the war, or SCOTUS...it's the GAS. As far as John Q is concerned, GAS and Economy are the SAME.
$2.59, 87 octane, central Florida.
$2.24 at the local Sam's Club in Sioux Falls, SD and prices are falling even without Tom Daschle looking out for us.
I don't really understand the drop. Oil went from, what, $71 to "only" $61. How does this justify a $1.15 reduction?
$2.42 just north of Chicago.
It's a cycle we go through every 6-1/2 years.
Go to gasbuddy.com
2.22 here, but why is diesal still at 3.20+??
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I was wondering the same thing...1.20 higher here, too. I'm sure some smart Freepers can tell us why.
$2.01 in DSM, IA.
I paid 2.19 in Dayton, OHIO
2.33 in the DFW area, but one station had a special last Friday for 2.02
I don't really understand the drop. Oil went from, what, $71 to "only" $61. How does this justify a $1.15 reduction?
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AFAIK, Gasoline is more about supply, demand and refinery capacity. Oil is just the raw material for gas.
2.15 in OH
$2.09 to $2.12 in NE OK. That's up about seven or eight cents from a few days ago.
I haven't seen it below $2.51 in the Charleston West Virginia area as yet, but I will check today.
A cousin in Clayton, North Carolina said he has paid as little as $2.23 though in the past few days.
Going up in NE OK? That's no good...
Vinita...Adair...Miamuh???
$2.14 in Minneapolis MN.
I can't do math this morning. It's up about 4 cents from a few days ago, when it was $2.05 to $2.08. Sheesh.
$2.15 in SW Va
$1.98 in OKC last night
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