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$1.99/Gallon Gasoline Arrives In Oklahoma City
by
Cameron Aubernon
(IC: employee)
Published: December 5th, 2014
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Remember when fuel prices were under $2? Those days are back.
GasBuddy.com says an OnCue convenience store in Oklahoma City dropped its price for a gallon of regular from $2.11 to $1.99 Wednesday, and it likely won’t be the only one. The fuel-price tracking site predicts parts of Spartanburg, S.C., Houston and St. Louis will have $1.99/gallon gas soon.
The national average is supposed to hit $2.55 by Christmas, with the lowest prices around the Gulf Coast. That said, the low price may hint at a bumpy economic road ahead.
Cameron Aubernon
Seattle-based writer, blogger, and photographer for many a publication. Born in Louisville. Raised in Kansas. Where I lay my head is home.
More by Cameron Aubernon
Published December 5th, 2014 8:00 AM
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Indeed, our fuel got very inexpensive. Too bad I can't partake. The disparity between gasoline and diesel is not usually that high, though.
Enjoy it while you can. I fully expect gas prices to rebound to $3/gal by mid-February, at the latest.
Boys and girls, the oil boom is over Rover just like back in 1983. This time it was fracking that killed it. Not only did she leave town, she called you a sorry SOB on her way out. Traditional suppliers are screwed. High cost suppliers (including some frackers) are utterly screwed.
How much of the new 1.99 is a percentage of ethanol cost alone? I also like how diesel is still 3.39 despite the fact diesel is cheaper to refine...