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Nov
18
2008

How Long?

Given the volatility of our current market, one wonders how low local gas prices will go before bottoming out. In August we peaked at roughly $4.19 for regular unleaded. Mel and I filled up last night in Ellijay (about an hour north of metro Atlanta) for $1.89.

Say what? Yea, that’s a $2.30 drop in less than 3 months. A small bit of comfort at the pump when the rest of our economy is circling the drain but I’ll take it.

ETA (12/8/08): Regular unleaded is now $1.59

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