My wife and I filled up our vehicles gas tanks last night for $ 2.69.9 / Gal Regular which seems to be a stunning price drop over the last 3 months.
With the news of war near the Turkish border and Ukraine, I was actually expecting prices to be higher than back in July.
The only news that would lower gas prices is the airline stocks plummeting for Ebola. Airlines mostly buy diesel, which is a heavier fraction of crude compared to gasoline.
The lack of other news reports about this price effect had the two us going over a conspiracy 4 year USA trend about this time, but we are off 2 years in the cycle. We are not sure if this will ever be reported in the regular news outlets, I did not even hear of this over financial media (WSJ radio), which is often very keen on prices.
I do recall prices over $4 / gallon regular while living around Chicago in 2013. Prices hovered below the $ 4 / gallon regular as we moved to Texas.
Anyway, vote / post your thoughts, and lets see what happens after Thanksgiving.