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Economy And Automotive Industry

Gas Prices Have Seemed To Level
Posted July 24 2008 12:29 PM by MFicacci 
Filed under: Super Chevy Comments

Gas

Gas prices have seemed to level off...for now at least. Usually, once gas prices stabilize, the economy stabilizes and over time, we get back to the daily grind. No more do we cry about gas prices (I do it to). Over a few months, we just realize that we have no choice but to pay $4 a gallon.


An inside source of mine who drills overseas has informed me that gas may dwindle in the high three for a while, but the days of $2 and $3 gas are over. $4 per gallon or more is going to be the norm and we shouldn't expect anything less. Afterall, the rest of the world is seeing prices way over $4 a gallon and they have yet to cry mercy and light their automobiles on fire in protest. Does it mean less traveling? For now, probably. Right now in northern New Jersey, we are paying approximately $4.04 per gallon of regular unleaded gasoline. What are you guys paying elsewhere?

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