Wednesday, June 3, 2015

Low price

Still love paying paying low prices to fill your tank with gas? We are all paying roughly a dollar per gallon less than we were last summer, with the American national average at $2.75 just yesterday. Last October the average went below $3.00/gallon in ten states and it's stayed there ever since.

How many gallons do you use per month? That number is also the number of dollars you are saving in the cost of gas for your car every month. If you drive 1000 miles/month and you get 25 miles per gallon, your savings is $40.00 per month or $480 per year.

There's a prediction at Forbes that oil is going to stay at about this price point for years, and they give four reasons for that prediction here.

No comments:

Post a Comment