It’s been quite a downhill in gas prices since nearly three months ago. I remember filling up at $3.77 thinking it might go up. It’s been about two months since that day and gasoline really has only taken one temporary price hike. Let’s all be thankful. Don’t dive into that too much, it comes at deep expense- our economy, livelihood, freedom, and more. We’re in a recession, and it couldn’t have come sooner- food prices had been grossly inflated, energy prices were sky high, etc. In my mind, as I’ve said, this was the only way to fix the problem- a recession. I hope none of you have lost jobs because of it (which is why I said cheaper gas comes at a high cost), but if you have, I hope you find work soon. I am blessed to have a job.
Anyway, here’s where we were in early September:
For a 20-gallon fillup, the net savings is $2.59/gal, $51.80 CHEAPER PER FILLUP.
9.0 million barrels of gasoline consumed daily according to the DOE… savings PER DAY for the United States since peak:
9*42=378,000,000gal/day*2.59= $979,020,000 SAVINGS PER DAY.
That’s almost a billion dollars per DAY that we’re saving from the peak. Amazing.