I’ve seen gas stations here in Sacramento, CA about to put up US$2.49/US gallon for regular unleaded. That’s the cheapest I’ve seen in my area in a long, long time.
“I’ve seen gas stations here in Sacramento, CA about to put up US$2.49/US gallon for regular unleaded. That’s the cheapest I’ve seen in my area in a long, long time.”
So while we are glad that prices here in CA have dropped, they are still almost a buck a gallon more than the Midwest.
But there is good news though even here, because CA has a sales tax on gas, so the state is going to suffer a substantial loss in revenue. Gas is down at least a buck so the state is loosing nearly a dime a gallon! Maybe we will have to cut Public Employees pay and pensions yet! And there we thought it was only Russia, Venezuela and Iran who were going to suffer! Start looking for bills to raise the per gallon tax that is supposed to go for infrastructure repairs (but is spent on about anything but) in the legislature if gas stays down.