Gas Drops Below $2.50
Posted on 16. Jul, 2009 by admin in CES, Economy, News
And there you have it: The nationwide average price of gas has fallen below the $2.50 mark, moving from $2.504 yesterday to $2.492 today, according to .
This continues an incremental but steady downward trend in prices that began earlier this summer. In just a month, the price has fallen roughly 18 cents. This is good news for drivers and an economy still trying to pull out of a deep recession.
It should also be noted that exactly one year ago today the average price of gas was a jaw-dropping $4.11, which on July 16, 2008, was the highest average recorded price of all-time.
