Wednesday, September 20, 2006

The $2.50 line has been broken

While a number of folks have been going nuts with new "controversies," there is a story even more important to talk about and consider. GOP Hokie talked about it where gas prices could be below two dollars before Thanksgiving.

Well, today certainly proved that as I saw a number of gas stations have gas priced from $2.47 to as low as $2.40. In Woodbridge, there is a gas station that has been reported to sell gas at $2.14 a gallon for regular unleaded.

With the prices going down because of the changes in the season and the announcement that the oil companies have reserves that are at full capacity, market influences dictate that prices are going down.

Fact of the Matter

The fact of the matter is that I am going to go on record with this one. Gas prices will be BELOW $2.00 by the first weekend in November. Now granted, not every station might be there, but we will see a number of stations being below two dollars by the end of November 5.

If I am wrong, we will cross that bridge when we get there. But I am very confident in this prediction. Considering how prices have been going down ten cents a week, it makes pretty logical sense. As for other parts of the state, I bet it will be below two dollars by the middle of October, assuming the prices are like that which GOP Hokie is describing in Blacksburg.

So here we go. The march to $2.00!

5 comments:

Anonymous said...

in my area the 87 octane level of gasoline ranges anywhere from $2.06 to $2.33. I am very happy that the gas prices are sitting where they are :) AEB

Ward Smythe said...

I paid $2.03 tonight.

I personally blame George Allen and George Bush.

BDM said...

Where at Ward?

Republitarian's Wife said...

$1.99 in Harrisonburg this morning.

Anonymous said...

okay at more than one gas station the price is below $2.00 with premium being $2.19... so this is way sooner than November! AEB