Friday, December 12, 2014

Gasoline Prices Hit 5-Year Low


Friday’s most common price for a gallon of gas in the United States is $2.499 a gallon, and 46% of the country’s gas stations are selling gasoline for less than $2.50 a gallon. AAA estimates that U.S. consumers are saving $375 million a day, compared with summertime highs,

Based on the comparison to summer’s higher price, the average household is saving $100 a month on gasoline.

The only state in the lower 48 where gas costs more than $3 a gallon is New York, and the price there is just $3.02 a gallon.

The five states with the lowest average prices per gallon are Missouri ($2.32), Oklahoma ($2.36), Texas ($2.38), Mississippi ($2.39) and South Carolina ($2.40).

The national average price is about $0.65 a gallon less than a year ago.

(via 24/7 Wall Street)

1 comment:

  1. And the ten year UST hit 2.08%. It appears to be on its way through 2%, possibly before the end of the year. What do you think Robert, do we have a new all time low in Treasuries?