Friday, September 08, 2006

Gas prices drop 20 cents, may go lower

As probably assumed by the title, the article presents the statistics of gas prices for the triad area. It says that within 10 days, gas prices have drop more than 20 cents a gallon. The article further explains that motorists can expect a possible additional drop of 25 cents a gallon in the next year. This prediction is based on the ideal that the economy would not be affected by any weather or international disruptions.

However, motorists must still be weary of where they buy gas. Prices around the triad can vary by more than 30 cents a gallon. The article recommends to consumers to shop around for the cheapest prices to “make the overprices stations pay for trying to increase their margins.”
I personally feel, along with everyone else in the world, that a drop in gas prices was long overdue and it is gladly excepted. Cheaper travel will produce so many benefits. People can drive to see their family without spending a fortune. This will be particularly appreciated during the holidays. I think one of the hardest setbacks for everyone last year during the initial increase was that there was no time to prepare for such an event. Without any forecast for an increase in gas prices, people had no time to cutback on things and begin to reassess their budgets. The drop in gas prices over the next year will hopefully provide great relief to all who suffered so badly last year.

News & Record, Greensboro, NC Donald W. Patterson Saturday, August 19, 2006

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