No, your eyes aren't deceiving you. At least one area service station has dropped the price of a gallon of gas to under $3 a gallon. When's the last time that happened? The Fegley's Valero station in Tamaqua was the first area station to drop under the $3/gal price. Call it an early Christmas gift. According to the PennsylvaniaGasPrices.com website, the average gas price in Pennsylvania has decreased in the last 30 days from $3.40 to $3.29, although some local gas stations have opted to take their prices even lower to compete for a growing number of "penny pinching" consumers. In 2006, the average PA gas price was around $2.40/gal. In June 2008, an average gallon of gas in Pennsylvania reached as high as $4.05/gal, while dropping drastically to $1.65/gal only six and a half months later. Immediately following that drop in gas prices, the average price/gal in PA slowly rose about 8 cents every month, until it peaked at about $3.98 in early May of this year. Since then, Pennsylvania's overall price/gal has decreased about 1 cent every three days. This is a plus for people trying to get through the holidays, as well as having to pay rising heating costs. Despite falling gas prices, many consumers are still expressing their concerns, stating that current prices won't last long enough.
An early Christmas gift
Wednesday, December 21, 2011