Gas Prices: Is a “1” Handle in the Cards?

Ted

FYI: (I paid $1.99 In Frankfort Il. yesterday)
You don’t need this website to know that gas prices have been on the decline, but sometimes we can help put the decline into perspective. According to AAA, the national average price of a gallon of gas currently stands at $2.07. On a year to date basis, prices at the pump have dropped 7.5%, and since 2005, this is the fourth time that prices have been in the red on a YTD basis through 11/23. The only other year that prices have been this low at this time of year was in 2008, which was during the depths of the financial crisis in 2008.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/gas-prices-is-a-1-handle-in-the-cards/

Crash

Citgo, (Venezuelan ownership now) just down the street: $1.97 last week. Just bumped to $1.99. Cheaper down South, I'm told.

Old_Joe

Well, CA is always higher as you guys all know, but today ARCO (BP) is at $2.24, which isn't all that far away.

Derf

Old_Joe : You have a ways to go $1.87 in S. WI.
Derf

Old_Joe

Wow!

little5bee

Between $1.95 and $1.99 in south FL !!

BenWP

As low as $1.79 cash in SE MI.

Crash

And I just bought my initial shares in COP.
http://www.morningstar.com/stocks/XNYS/COP/quote.html