Gas Prices Are Dropping at the Pump

    September 24, 2013
    Erika Watts
    Comments are off for this post.

Many motorists have noticed something different when filling up their cars lately–gas prices at the pump are slowly going down. According to GasBuddy, a website that monitors gas prices around the country, prices have dropped to as low as $3.08 per gallon in South Carolina. See where your state’s gas prices are here.

According to an analyst for Gas Buddy, Patrick DeHaan, prices are going down because of a decrease in demand. “Kids are back in school, and people aren’t taking vacations or doing as much discretionary spending,” he said. “In Northwest Indiana, people aren’t spending as much time on their boats in Lake Michigan. There’s less vacation travel, and people aren’t going to visit their lake cottages.”

It makes sense that prices are going down some now that summer is over, and DeHaan also says that price should continue to drop. “Looking forward, we’re likely to see additional relief at pumps in the months ahead, and it’s quite possible that by the time we’re observing Thanksgiving that gasoline prices will be 20 or more cents per gallon lower,” DeHaan said. That’s great news, particularly for those in Southern states, as a 20 cent drop on current prices would mean that gas would be less than $3.00 per gallon.

According to AAA, the national gas price average has been over $3.00 per gallon for more than 1,000 days. The national gas price average is currently at $3.47 per gallon, so maybe we will come close to ending that streak by the end of the year with a little luck and barring any hurricanes in the gulf or other issues.

A lot of Twitter fans are starting to take notice of the drop in gas prices. How much have gas prices dropped in your area? Respond below.

Main image via YouTube; Article image via GasBuddy

  • ralph

    why is it when gas prices fall, its by the pennies…but when they rise, its by the dime…

  • Lori

    They lower the gas prices for a few weeks, let us get use to it, then slowly bring it back up so we wouldn’t be “shocked”. They leave it around 3.50 or more so we’ll think “at least it’s not as high as it use to be” but it’s still way too high.

    • Jase

      Truth is if they ever get down to around $2.50 again well all be so greatful that well forget when they were under $1. They have is trained.

  • http://Yahoo Randy

    Gas prices are still $3.80 in Maine, Aroostook County where Maine has the lowest income… why do the companys get away with it…??

  • Interesting

    It is all smoke and mirrors. In the past 4 years, a pack of gum has gone from 49 cents to as much as $1.19. What on earth in the past four year has happened to warrant a doubling in cost of many of our basic products? What has happened to warrant the massive rise in gas prices? Absolutely nothing.

    Meanwhile, the Pentagon lost $2.3 trillion and the Fed misplaced $9 trillion dollars in the past 10 years.

    1) Donald Rumsfeld on a missing $2.3 trillion from the pentagon: http://www.youtube.com/watch?v=_rRqeJcuK-A (Keep in mind the “plane” that hit the Pentagon destroyed the Pentagon’s accounting division.)

    2) Alan Grayson questioning FED inspector on missing $9 trillion dollars: http://www.youtube.com/watch?v=1QK4bblyfsc

    Really think about those numbers. That works out to about $38,000 for every man, woman, and child in this nation. What is so concerning is that the FED isn’t part of the federal government at all — it is a private bank.

    There is much more going on behind the scenes that meets the eye. The sad part is that at the end of the day, we have no idea who is pulling the strings though. We say it is the “government”, but the reality is that a few key people in a few key places can do this. I don’t think it is the government as a whole — but a faction within it.

  • Earl Richards

    To avoid the gasoline price, rip-off, plug your Tesla S, electric car into your household, solar array.

    • @Earl

      Problem is that Tesla S base price is $70,000 and you probably can’t get in for less than $85,000.

  • Hmm

    The day before 9/11 the pentagon reported that $2.3 trillion was missing (incidently, the plane that hit the Pentagon destroyed it’s accounting division) and in May of last year, representative Grayson blasted the FED regarding $9 trillion dollars that went missing. That would be enough to give every man, woman, and child in this nation $38,000.

    None of this is conspiracy theory talk. There are more than enough videos of Rumsfeld talking about this and Grayson questioning the reigning FED inspector.

    Gas prices are the least of our worries.