Wednesday, October 29, 2008

GAS PRICES GOING LOWER

October 28, 2008. Oil has dropped to $63 per barrel as opposed to $140 just a short while ago. With the economy getting worse and the stock market collapsing, this will probably continue to drop.

Hopefully, all the gas stations will be selling their gas under $3.00 per gallon and hopefully we can get it down to $2.25. There are numerous websites out there that list the lowest prices and I have found an excellent one. Today (Sep 29) it shows COSTCO as being the lowest at $2.74 per gallon, a far cry from the $4.59/gal that we were paying just a short while ago.

UPDATE: COSTCO gas now at $2.55 gallon (Oct 29)

To see gas prices in the San Leandro area try this website:
http://www.oaklandgasprices.com/San_Leandro/index.aspx
For the Los Angeles area:
http://www.losangelesgasprices.com/

Those are samples of what they show. To find prices in your area, visit http://www.gasbuddy.com/ and enter the city or zip code and it will show you the cheapest in the area. There are other websites out there that provide similar information, but I like this one the best.