The last time gas was this low in Des Moines was January 2007 - I know, because I took a picture then as well. I keep thinking that this time is going to be the last time gas will ever be under $2.00 and I will want to show my kids how "cheap" it was at one time. Although they probably won't care because by then we will have figured out how to make cars run on air or something (hopefully).
What is it where you live?
http://www.popularmechanics.com/automotive/new_cars/4217016.html
Kinda frustrating since we're one of the nations primary domestic sources for oil.
Now low $1.90s here in Des Moines.
That wacky ethanol (@ nick) could help make everyone's gas cheaper ...and yes, without starving the poor of the third world.
But like all good dreams, low gas prices will disappear soon enough.
...tom...
--TwoDragons
Here in Brazil, i'm paying R$2,59(U$ 1,14).
That's the benefit of using natural gas instead of gasoline :)
$2 per gallon is cheaper than water. (bottled at least)
Shows how much of the cost of a litre is tax when the barrel price doubles plus but the price rises by less than 20%.
And oh yeah, I'm another Idiot Out Wandering Around (SE of DSM).
Isn't it amazing (she said sarcastically) how gas prices drop just before an election that republicans want to win? Or for that matter, how they dropped just after 9/11?
@A Noun: "Isn’t it amazing (she said sarcastically) how gas prices drop just before an election that republicans want to win? Or for that matter, how they dropped just after 9/11?"
Yeah; and isn't it amazing that the Republican magic has penetrated to the middle east markets to bring us oil at >$70 a barrel? There's about as much of a control connection there as Obama has to stopping the rise of the oceans. Give us a break.
Other areas in L.A. were more expensive than that. There is a gas station at Melrose and Fairfax that is notoriously expensive. It's usually around 40 cents more per gallon. Not sure why. It's not Beverly Hills.
Also, the area around LAX -- namely Inglewood -- is currently around $2.85 - $2.99 per gallon and dropping.
Not as cheap as the rest of the country, but it's nice to those of us who are used to these prices.
funny has gas prices have dropped so dramatically in the past few weeks, just before the election
The working out 96.9p = $1.606 1 US Gallon = 3.7854 liters
So 1.606 x 3.7854 = $6.0793 per gallon
I tend to pay the extra to get the Regular though; my vehicles get 2-3mpg more using Regular instead of the blend. Probably works out to about the same cost per mile driven.
exchange rate is $.89us per litre
.89 x 3.785 =3.369 per US Gallon
Unleaded is $4.18 today.