U.S. gasoline price marks biggest drop ever

[SSanf]

The average price of a gallon of gasoline in the United States recorded its largest drop ever as consumer demand continued to wane and oil prices slid, a prominent industry analyst said on Sunday.

Lundberg said the average gasoline price could fall below $3.00 a gallon as early as December.
http://www.reuters.com/article/rbssEnergyNews/idUSN1247417020081012Well, I just want to be warm this winter.

I guess, the answer is if we want to drive the price down, don't anyone drive even one mile that you don't absolutely have to.

[aranarose]

Prices are going to have to drop, and continue to drop, if there's really any hope of saving the economy at all.

[watersprite]

That is SO true!
And try to recycle everything you can that is plastic! I just used two laundry bottles for my home made soap. Thank you very much, by the way!

[Shanti]

Ill celebrate when its back to $2 per gallon because with the oil prices now, thats where it should be!

[watersprite]

We can't have everything we want all at once. That's how we got in to this mess in the first place.

[Fluoxetine]

From a land that has cheap gas, you do complain a lot. Here it's 3 times the price.

[SSanf]

From a land that has cheap gas, you do complain a lot. Here it's 3 times the price.While that may be true, it is a big part of the family budget for most that has risen very disproportionately to other things.

We all plan our spending and try to be responsible. When a major part of our personal budget increases significantly faster than we can adjust our other buying and our financial plans, the first thing that usually goes is food. You see, most of us do not have luxury spending that can be cut. And, the price of gas has caused the price of everything else to sky rocket because it must be transported to us. So, what happens is that healthy nutritious food is replaced on the dinner table by cheap starches and sugars.

Yours may be three times the price but probably you budget for it that way and already have figured out how to both drive and eat nutritiously. Here it is not a matter of just not going to the movies, it is often health and nutrition that is at stake for many families. And, as I stated, a matter of staying warm this winter. Those are things worth a tad bit of worrying and complaining IMHO.

If you have similar concerns about food and warmth, by all means, please complain at will.

[CzechWoods]

While that may be true, it is a big part of the family budget for most that has risen very disproportionately to other things.

We all plan our spending and try to be responsible. When a major part of our personal budget increases significantly faster than we can adjust our other buying and our financial plans, the first thing that usually goes is food. You see, most of us do not have luxury spending that can be cut. And, the price of gas has caused the price of everything else to sky rocket because it must be transported to us. So, what happens is that healthy nutritious food is replaced on the dinner table by cheap starches and sugars.

Yours may be three times the price but probably you budget for it that way and already have figured out how to both drive and eat nutritiously. Here it is not a matter of just not going to the movies, it is often health and nutrition that is at stake for many families. And, as I stated, a matter of staying warm this winter. Those are things worth a tad bit of worrying and complaining IMHO.

If you have similar concerns about food and warmth, by all means, please complain at will.

the situation in the usa and europe is hardly comparable. but the high gas prices were just as destructive on the economy here and there.

as for heating. a litre of diesel for the heating is about one euro and change at the moment. so filling the tanks for winter with about 3000 litres, will make you have to dash out some 3300 euros. (about 5000 usd) electricity prices have increased by 20 percent, gas by 15% (thats gas for heating) at least. prices for organic food are still high, we had rises on dairy of 30 %, meat 10%, wheat/bread 10-15%. housing/rent is going up. wages arent. you make the math. plus car gas/diesel is around "cheap" 1.40 euros/litre = 6.00 euros (10 usd) per gallon.

i dont see how we are so much better off

[Shanti]

Last year in Oct the oil was 84 a barrel and now its 77.
But...
Gas prices drop fast, still higher than a year ago

Linkypoo (http://www.cnn.com/)
It should be lower at the pumps than a year ago since the oil is.