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A Historic Moment in Gasoline Pricing?

Gas pump in Jacksonville, Florida. Wikipedia Commons.

Can you even remember when you last paid less than $3.00 a gallon for gasoline?

Lordie! This noon I swung by the Costco that regularly has the chain’s cheapest prices in town, to refill half a tank: two dollah and ninety-nine cents a gallon!

Okay, one cent does not a lot less than $3.00/gallon make. However, the Circle K around the corner was posting $3.09 for regular unleaded.  The Exxon across the street: don’t even ask.

USA Today says prices are down around $2.75 in some parts of the country. Doesn’t seem to be happening in our parts: cheapest price registering at one of those price round-up sites is $2.95, in neighborhoods where you’d just as soon not unlock your car doors, to say nothing of get out and pump gas. I’m happy to pay four cents a gallon to fill up at a site that’s on my beaten path at an outlet that’s at least reasonably safe.

How  much are you paying in your part of the country? And do you still remember hypermiling?

16 thoughts on “A Historic Moment in Gasoline Pricing?”

  1. I’m a little jealous! Cheapest I’ve seen is $3.46 and snow tire season is coming which lowers my MPG a bit.

  2. Terrifying!

    Our lowest MPG is summertime, when additives to reduce pollution dilute the fuel, and the heat causes it to expand so you get less actual fuel per apparent gallon. Summertime is a real ripoff here.

    😀 It’s never too late to move to Arizona!!

  3. $3.18 in this neck of the woods. Hypermiling is pretty cool ….I do it and it works. I can bump my mileage 20-25%…

  4. I just filled up the Prius on Saturday night and paid $3.62 a gallon. That was a pretty good price for the Chicago metro area. We routinely have the highest gas prices in the nation, so it’s no surprise that it is so much more than what you paid.

    • LOL! Well, there’s a trade-off, I guess, for living in a great city like Chicago, San Francisco, or New York and living in a cultural desert. You shouldn’t have to pay as much for the privilege of living in a place like Phoenix. 😉

  5. I gassed up at a Walmart Neighborhood Market last week at $3.00 a gallon because I have one of their gas cards, so I got the 3 cents a gallon discount. Gas needs to drop below $3.00 a gallon and stay there a few weeks before I’ll get excited. ;o)

  6. We’re around $3.20 or so here in Michigan, but we have some of the highest prices in the country, but it’d be nice to get to around $3. Of course I read yesterday that because of how much oil production we now do in the USA, too low of prices could actually have a negative impact on the economy. I’d honestly be happy with $3 – $3.50 all year.

  7. About $4.25/gal in Canada, adjusting for currency. In the cheapest part of the country, with the largest oil reserves in North America. Doesnt affect anybody’s driving habits though.

    • If you have to drive to get to a job or to a source of food, you’re going to drive no matter how much it costs. Or if you feel unsafe on the public transit, as some of us do. Or if public transit costs more than the cost of driving your car the same distance, as is true in some parts of the country…

      Taxing authorities and petroleum companies know these things….

      • In Canada, well over half the price of gasoline goes to federal and provincial tax. The money goes to pay for transport and infrastructure projects, offering relief for income and property taxes.

        It’s not ideal, but it does go a long way in a sparsely populated, large country. My property taxes aren’t cheap but they are not yet unreasonable. My income tax, on the other hand…might as well be in Sweden and at least get the benefit of tall blondes.

    • Wow! Almost as much as Canadians are paying!! Understandable in Hawaii’s case: petroleum products have to be shipped in, offloaded, stored, and hauled to market.

  8. Hawaii has high prices. $3.74 – $3.78 per gallon at restricted stations (Sam’s, Costco, military) and $3.83 at unrestricted stations in Honolulu. It’s even higher on the other islands.

  9. We’re getting there, actually… here in ES Maryland, the price has been hovering at the $3.08/gal, though I swear I saw it at $3.03 at a Wawa on my way to work. It is funny, because less than 6 days ago, it had just spiked to $3.29. It never comes down this quickly, so I am pleased.

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