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October 13, 2006

Gas Prices Continue to Drop

The Arizona Republic reports that Gas Prices continue to drop:

There's good news at the gas pumps this morning for Valley drivers.

According to AAA Arizona, gas prices this week dropped for the twelfth week in a row. Statewide, the average price for regular unleaded gasoline dropped nearly seven cents since last week and is now $2.281 per gallon, a low not seen since Jan. 6, 2006.

AAA says motorists are enjoying the lowest gas prices since the beginning of the year largely due to ample crude and gasoline inventories and oil prices remaining below $60 per barrel. On Wednesday, the price of crude oil fell below $58 per barrel to the lowest price in eight months.

Based on the current situation, AAA estimates that gas prices will continue to decline through Thanksgiving.

My condo is approximately 900 miles round trip. My Avalanche gets roughly 15 miles to the gallon. Let's do the quick math... 60 Gallons to take the trip north. Gas prices have dropped almost $1.00 per gallon over the last few months and I go to Brian Head a couple times a month during the season. This translates into some real money that I can use on more important things like... gear and lift tickets.

Posted by Justin at October 13, 2006 10:54 AM

Comments

Maybe because you the snowmachines did not anger the Hopi gods by desecrating holy mountain, gas prices dropped. Maybe you should turn to Hopism Man God Beliefs now.

Posted by: three legged snowman at October 18, 2006 09:11 PM