Gas Prices Falling

Alabama Birmingham Could drop below $1.50 a gallon.
by Associated Press.
Published: Sat, December 06, 2008 - 1:38 pm CST Last Updated: Sat, December 06, 2008 - 6:24 pm CST
BIRMINGHAM, Ala. (AP) - Gas prices in Birmingham continue to
fall, dropping to $1.55 a gallon, the cheapest price since 2004.
Friday was the 79th day in Alabama and across the U.S. that gas
prices declined. The state average was $1.71 a gallon, well off the
record high of $4.05 a gallon on Sept. 16.
Clay Ingram of AAA-Alabama said the last time gas was priced as
low as it is now was on April 19, 2004.
Ingram said prices could get below $1.50 by Christmas, but it
most likely will happen in early January.
He said, "Based on what crude oil futures and wholesale
gasoline futures have been doing this week, I would say that it is
a very realistic possibility. We will almost certainly see more
decreases in the coming weeks, and having prices below $1.50 could
easily happen."
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southfan1981
southfan1981 Says:
Sat, Dec 06, 2008 at 11:33 pm

We don’t pay nearly the true cost of fuel. It may have taxes on it but we are subsidizing it with our taxes, too.

Wait a few weeks and buy up copper if you need to re-wire or plumb. It’s about to bottom out as well.

glamblitz
glamblitz Says:
Sat, Dec 06, 2008 at 8:55 pm

i wonder how much gas would be if they made it tax
exempt?

Mom2AngelBaby
Mom2AngelBaby Says:
Sat, Dec 06, 2008 at 8:18 pm

Yeah, and I look for these prices to rise again if they send out stimulous checks! The U.S. will get there money back either way…

justice Says:
Sat, Dec 06, 2008 at 7:27 pm

why?

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