Tuesday 8 January 2013

Lower Gas Prices to Come!


Hooray for the United States of America! Finally a sign of good things to come! Right after the New Year started AAA released a statement that said, “America can expect lower gas prices in 2013 thanks to increased oil production and lower demand.” I think that is something to celebrate on more than the finish and starting of a new year! Unfortunately with all good news there is usually an if, and or but. If there are refinery fires, pipeline closures or major hurricanes prices are most likely not going to drop.

Prices in 2012 were at a record high of $3.60 and are predicted to drop at the beginning of summer to as low at $3.20 before rising up again before gulf coast hurricane season in August.

This will cause millions of American’s to be less stress when it comes to financial situations. A little extra cash in your pocket can go a long way. Hopefully with 311 million fingers crossed no if ands or buts will occur and American’s can take a big sigh of relief as they conserve.

Original Article; http://www.businessinsider.com/aaa-lower-gas-prices-in-2013-2013-1

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