Nov 02, 2008 15:00
Thursday evening, while driving home through Front Royal, I noticed gas prices had dropped significantly since my last outing. The first station I came to posted $2.12. Then some $2.10's, and the lowest of the night was at $2.08. At this rate, it won't be long until the price of gas drops below the $2.00 mark, which it briefly reached nearly two years ago while I was out in Illinois. The price of gas was nearly cut in half from that of the summer.
I was shocked to see that prices in Maryland and Pennsylvania are still hovering around the $2.50 mark, and while that is still low for the times, it raises some questions about economics and the gasoline commerce in various states. Why all of a sudden is gas so much cheaper in Virginia? The prices used to be much closer, if not equal at times. I was looking forward to a drive up north with cheaper gas. Are they just behind in the drop in oil prices? Are they keeping the price inflated for profits? Did Virginia lower its gas tax? I suppose tomorrow morning I will find out if those low prices are still a reality.
gas