Gas Prices Going Down?
August 7, 2014
The summer is in full swing, with full-heat and full-summer-fun bearing down on us. This is usually about the time that gas prices soar so high they cause spastic cringing at the pump. However, this August has seen the lowest gas prices in 4 YEARS!
CELEBRATE GOOD TIMES!
It’s indeed a time to rejoice. In fact, CNN Money predicts that people in some parts of the country will be paying less than $3 a gallon by the end of the year. While that might seem like wishful thinking, we’re certainly on the right track. The national average price per gallon is a whopping 15-cents lower than July 4, and a mind-blowing 35-cents lower than June.
If prices continue going down, we’ll be seeing some pretty happy drivers this year. If prices continue going down until they hit $3 per gallon, we’ll all be crying tears of joy… at least for a little while.
But, let’s not get too ahead of ourselves. The future is a finicky mistress, especially when it comes to the oil market. The best course of action is to cross our fingers and enjoy the low prices while they last.