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12/10/12: U.S. GAS PRICES DROP AGAIN; WHY HAVE THEY PLUMMETED? GAS CRASH…DOWN 50 CENTS IN TWO MONTHS!

10 Dec

gas handHave you checked prices at the gas pump recently?  Well, I was pleasantly surprised to see the price drop 50 cents over the past two months.  It is almost unheard of for anything to cost less in this economy, but the average price is now only $3.35 per gallon.

Many around the country have been happy to see them plunge, but are wondering why?  It is caused by several things, one being solar wind and new technology; allowing more oil be produced in the U.S.  Another huge change is a recent report by the International  Energy Agency, suggesting the U.S will become energy independent by 2030.  It also helped that the refinery problems were finally fixed and demand was lower.

According to some analyst the price could drop further before the new year.  They are predicting the average to drop to $3.20 – $3.40 per gallon before the end of 2012.  This would be amazing news, because eventually we could see a drop in food prices and other staples.

The added benefit to the “Gas Crash” (as many are calling it) is it will create over 1 million jobs in the coming years.  It has already created about 350,000 jobs in the solar wind and oil industry.

Overall this is great news…just hoping it did not come right as the WORLD ends on December 21, 2012.  Just our luck!

 
3 Comments

Posted by on December 10, 2012 in HEADLINE NEWS

 

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3 responses to “12/10/12: U.S. GAS PRICES DROP AGAIN; WHY HAVE THEY PLUMMETED? GAS CRASH…DOWN 50 CENTS IN TWO MONTHS!

  1. Cindy

    December 11, 2012 at 12:44 am

    Let’s keep it going until it reaches $2.00 a gallon or less. We’re on the right track but don’t stop now! We Americans have struggled way too long with these outrageous prices. It should have never happened in the first place and none of us have ever gotten a truthful or straight-up explanation as to why this transpired from the get-go. There are too many money hungry mongers in this country wanting their share of a piece of the pie, primarily Republicans (former – we know who those are – and current politicians still serving) and their wealthy counterparts. They pay no mind to the fact that 99% of Americans make this country go. It’s time for that 99% to fight back and shut the 1% down, once and for all, Being greedy and taking from the have-nots is forsaken by God. Shame on those of you responsible for causing good, hardworking and responsible people to suffer for so many years! And yeah for oil production being ramped up in this country. It’s about time! And now, very soon, maybe we can all begin to feel some reasonable relief.

     
    • brittaj

      December 11, 2012 at 9:47 am

      Cindy, I agree. They rip us off on gas and make so much money they should get back to reality! This is a definite case of price gouging!

       
    • brittaj

      December 11, 2012 at 10:10 am

      Cindy, I agree! These gas companies rob us blind…and we pay too much with no say in the matter. It should be more like $2 a gallon!

       

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