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Gas prices slated to drop 40 cents a gallon

September 22, 2013

gas pricesGas prices are expected to drop between 40 to 45 cents a gallon by the end of October, according to analysts. During the past decade, prices have dropped during this period an average of 23 cents a gallon. [MercuryNews]

However, because of a light hurricane season, an easing of tensions in the Middle East and refinery fixes at home in 2013, falling gas prices are expected to double last year’s fall drop.

According to AAA, California gas prices are currently just over $4 a gallon while the U.S. average is $3.49 a gallon.

 


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The biggest problem we have with the gas prices I believe is opec, we put all those sheets at the same table and allowed them to play nice and this is what happens, they all got together and instead of fighting amonst them selves to give the US the lowest price they now stuff the nozzle in us and extract all they can, this was a very poor idea. The next is the commodities market, that alone is killing the consumer on all angles.


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