By
The Associated Press
.
Published: Mon, November 24, 2008 - 8:17 am
MONTGOMERY, Ala. (AP) - Gasoline prices continue to tumble asAlabamians 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.)
Gas Down Below $2 In Alabama










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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.