Monday, December 10, 2012

Joe Lizura's favorite thing - lower gas prices!

December 12, 2012.  I saw the headline on the CNN website this morning "Gas Prices Crash" and it brought a huge smile to my face!  For those of you (especially my relatives) who are not from California, just a couple of months ago, we were pay close to $5.00 dollars a gallon (and at many stations in the state it was over that) because of an odd occurance of two refineries being shut down and high oil prices all at the same time.  So in particular, here in San Diego, gas was around $4.85 a gallon and now just 3 months later, the price is $3.45 in my area - a very nice surprise and a very welcome as well.  In about 2 days I'll be driving out to Arizona to pick up my daughter from college and their gas will be even cheaper at about $3.15 a gallon (they don't have the fees for California additives).

So, just in the nick of time for holiday travel, a true gift for everyone - cheaper gas a the pump!  Merry Christmas!

Here is a link to the story below:  http://www.cnn.com/2012/12/09/travel/gas-prices/index.html

CNN) -- Gas prices have plummeted 46 cents a gallon over the past two months, according to a survey released Sunday.
"This has been a true price crash," said Trilby Lundberg, publisher of the Lundberg Survey.
The average price of a gallon of regular gasoline is $3.38, down nearly a dime over the past three weeks, Lundberg said.
"This crash began back when refining problems around the country were being fixed, one after the other, at the same time that our seasonal gasoline demand was shrinking," she said.
Crude oil prices have also dropped after having risen steadily.
Prices at the pump should drop even more in the coming days, as refiners cut how much they're charging distributors and retailers, Lundberg said.
The national average is about 8 cents higher than the average a year ago.
The survey tallies prices at thousands of gas stations nationwide.
Long Island, New York, had the highest average in the latest survey, at $3.85. The lowest average was in Memphis, Tennessee, at $3.04.

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