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Re: Somers Could See Lowest Autumn Gas Prices In Four Years

By: oldCADuser in FFFT3 | Recommend this post (0)
Thu, 18 Sep 14 10:11 PM | 38 view(s)
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Msg. 02478 of 65535
(This msg. is a reply to 02476 by clo)

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I fill-up tonight so I'll report what the prices are here in SoCal (at least what the price is at Costco).




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The above is a reply to the following message:
Somers Could See Lowest Autumn Gas Prices In Four Years
By: clo
in FFFT3
Thu, 18 Sep 14 9:53 PM
Msg. 02476 of 65535

Hooray! a tax break for all!

Somers Could See Lowest Autumn Gas Prices In Four Years

by Joe Jenkins Business

WESTCHESTER COUNTY, N.Y. -- A sharp decline in the price of crude oil could have residents of Westchester County and the entire country pumping gas at the lowest prices they've seen in nearly four years, according to Bloomberg BusinessWeek.

The national average price for unleaded is $3.38 a gallon, an 8 percent drop since the end of June. Consumers pumped $40 billion of gasoline in September of 2013, and experts say the September 2014 total could be as much as $2 billion less, which could stimulate spending in other areas of the economy, Bloomberg BusinessWeek reported.

The decline is due to a 16 percent drop in International crude oil prices since June. Crude makes up 66 percent of the cost of a gallon of gas, Bloomberg Businessweek said.

http://somers.dailyvoice.com/business/westchester-could-see-lowest-autumn-gas-prices-four-years


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