About 9 weeks ago local gas prices peaked. Have you noticed? Prices appear to be going down sharply. Last month, some stations near the highway were a little over $5 per gallon while the cheaper stations were peaking around $4.79 to $4.85
I had business in the Hollywood area Wednesday and pleased to see a few stations as low as $4.17 per gallon for cash. I passed the opportunity and got gas in Fort Lauderdale for $4.27 I live in Palm Beach County and cheap gas was around $4.29 today.
A friend who has a membership with BJ's Club got gas on Friday and paid $3.89.
That's a dollar less per gallon than he was paying in June!
Typically in the summer months, gas prices rise just when people go on vacation.
Since no one I know has the ability to control the price of oil as it gets to the refineries, all we can do for now is shop around.
There are a few phone apps that monitor gas prices so you can see who has the best price in your area.
Hopefully this is going to be a downward trend making consumers happy!
I pulled up a 6 month chart from the website gasbuddy to confirm my suspicion and the national average was $5.02 on June 12 and $4.40 on July 22. Yes, going down.
Link:
The inspiration for this blog was another blog that stated fuel prices were skyrocketing, as in presently happening. That wasn't factual. Prices peaked weeks ago. It made a claim from outdated information as prices were declining. Since I posted this blog, the other blog title was changed and now compares it with a previous administration and that Biden supporters being happy with the high price of fuel.
Was it something I said?
(title edited because some people mistakenly thought I said gas prices were a dollar a gallon. I said they
dropped a dollar a gallon) But that's okay, you can still complain about it.
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