Gasoline Prices Falling

by Sal on November 17, 2005

in Politics

Gasoline prices are falling rapidly. The average gasoline price for a gallon of regular unleaded is currently $2.276 per gallon, below the pre-Katrina levels. Some areas, such as parts of Illinois, are seeing prices below $2.00/gallon. Here in the People’s Republic of Massachusetts, I’ve seen prices hovering around $2.15/gallon.

So much for gas-gouging.

{ 2 comments… read them below or add one }

Mike November 17, 2005 at 12:02 pm

Oh there is gauging occurring. Problem is, it isn’t being done by companies. Check out how much money federal and state governments are confiscating in gas taxes.

Equally important is the fact that some of the revenues from gas taxes don’t even go toward transportation.


Sal November 17, 2005 at 12:59 pm

Not to mention all the federal regulations that push up the price of drilling and refining gasoline.


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