Gas Prices Continue To Fall

Alabama Gas Prices  Gasoline prices continue to tumble as
Alabamians prepare for the Thanksgiving holiday.
by The Associated Press
Published: Mon, November 24, 2008 - 8:17 am CST
MONTGOMERY, Ala. (AP) - Gasoline prices continue to tumble as
Alabamians prepare for the Thanksgiving holiday.
AAA Alabama reports the statewide average for regular is $1.87
Monday. Regular fuel has fallen below $2 a gallon for the first
time since March 2005.
Midgrade averaged $1.95 and premium is at $2.01 a gallon.
Diesel fuel also tumbled below the $3 figure for the first time
since September 2007. AAA said the statewide average for diesel is
$2.74 per gallon.


(Copyright 2008 by The Associated Press. All Rights Reserved.)
Email a Friend Email to a Friend   
Printer Friendly Printer Friendly
Translate: » Spanish | French | German | Italian | Japanese | Chinese | Russian | Hindi

I think it was a combination of conservation and complete fear.  People stopped driving as much and speculators got out of the oil market because they were afraid of the DOW.

It’s cheap because people proved to the Big Oil companies that if you jack the price up, we will learn to conserve. Less demand means lower prices. Or at least this is my philosophy. However as the price falls, people will begin to slip back into their old ways, driving the cost up again.

Go get ya some big ole huge barrels and fill em up!!!!!

I wish I had some place to store a whole bunch of it!!!!!! Because it has to go back up…..

Why is it so cheap? Its making me nervous. I feel like something bad is about to happen, lol.

Recently Commented On

Local Impacts from Hurricane…

14 Total Comments
Local Impacts from Hurricane Ida Here is a closer look at what you can expect from Hurricane… more »

Alabama Ethics Commission Found…

1 Total Comments
Alabama Ethics Commission Found Weak A national survey says Alabama is one of only three states… more »

Jaguars Ground Falcons

7 Total Comments
Jaguars Ground Falcons USA runs it's record to a perfect 6-0 with a 64-12 win over… more »

17 Arrested In Craig’s…

35 Total Comments
17 Arrested In Craig’s List Prostitution Sting Police from Gulfport to Biloxi teamed up for an undercover… more »

Orange Beach Fishermen Protest

4 Total Comments
Orange Beach Fishermen Protest Dozens of boats crowded Perdido Pass waters to send a message… more »