October 22, 2008

Gas prices drop like a rock

Category: Uncategorized — admin @ 8:27 am

After flirting with five-dollar-a-gallon-fill-ups, the price of gas has sunk about as dramatically as a boy band after the release of their third album.  AAA reports that the average price per gallon in Oregon is $3.10 (eighth highest in the USA) with a nationwide average of $2.89, just a few cents from where they were this time last year. 

 

Gas experts chalk the drop up to the plummeting price of crude, down more than half  (from $147 a barrel in July to $70 a barrel now). 

 

For reference, if you have a 12-gallon tank and gas costs $4.10 a gallon as it did over the summer, you pay about 50 bucks to fill up.  At $3.10, you only pay 37 bucks to top it off . . . putting an extra $13.00 in your pocket.

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