Sunday, November 2, 2008

$2.34!

That's what I paid to fill my tank Friday. Sometimes it's difficult to believe how much the price at the pump has fallen in recent months. I remember paying more than $4.50 per gallon at one point during the summer. That means I spend more than $20 less to fill a 10-gallon tank now. Pretty remarkable.

It will be interesting to see how long these prices last. White House officials projected that gas would hit $3 by the end of the year when prices first began to decrease. Now it obviously is far below that. Makes one wonder if anyone really has a good grasp on it?

One thought I had recently related to the car commercials we saw during the summer and their $2.99 gas guarantee for three years. Can't imagine the people that bought into that are too happy now, but that could change in short order.

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