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Eight States Where Gas Will Drop Below $2
Oil has fallen below $66
Image Credits: Tewy via Wikimedia Commons
Experts have already begun to mention the chance that the average price for a gallon of regular gas will drop below $2 in some parts of America. There are several states where this is highly likely. As a matter of fact, the prices in these states could drop below $2 as early are the start of next year.
Most of the states likely to post sub- $2 gas have three things in common. These are the general drop in oil prices, proximity to large refineries, and low state gas taxes.
The first among these has already begun to have an out-sized influence. Oil has fallen below $66. Just five days ago, the price was nearly $80. In late June, it was close to $100. If oil stays below $70, it could knock $.20 to $.30 off the average price of a regular gallon of gas nationwide by itself, if the evidence of the last month as an indication. Over that period, the price of gas nationwide has dropped from $3.03 to $2.79, according to Gasbuddy.
The eight states were gas prices are likely to fall below $2 are Mississippi, Alabama, Louisiana, Texas, Oklahoma, South Carolina, Missouri, and Tennessee.
Several of these are either on the Gulf of Mexico or states adjacent to ones that are. Each already has gas prices below $2.60. In all but one, the price has continued to fall over the last several days.
Obviously you haven’t tried you actually fuel and run your car on 86-octane gasoline lately, either.
Seriously, it is JUNK, and unless you are driving some low-performance, massively computerized vehicle that can retard your car’s timing enough to actually NOT pre-detonate it, then maybe <$2 is feasible.
Then again, in 2-years, when that cheap junk has eaten all the o-rings in your fuel system, sludged up your injection system, damaged your engine and cost you a replacement computer; MAYBE you'll buy 88 octane (or higher) fuel.
The $50 a year you save on being cheap at the pump is returned by a TON of emissions, MUCH lower fuel mileage, and a LOT of harder wear on your car.
Spend the extra dime per gallon (dollar or so, per fill-up), and experience actual vehicle acceleration and performance.