November 7, 2008

Gas Prices Continue to Fall

When gasoline prices were climbing like a rocket, we touched on the topic several times on this site, wondering how the rising prices were affecting you and your driving and spending habits.

Now, prices for gas are dropping like a rock, tumbling to prices of a year ago. There are even some places reportedly having gas wars, with prices reported in some areas below $2.00 a gallon!

The declines come as hurricane season winds down and oil prices drop over concerns that a prolonged economic slump would curb demand for energy.

Have you seen any of these crazy (below $2.00) prices anywhere? We'd love to hear about it. And tell us what you think is really causing prices to drop so dramatically all of a sudden after peaking at over $4.00 a gallon just a few months ago. Click the comment link below this article and sound off. Your email address will never be published here, so don't worry about others getting your email just because you left a comment on our site.

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