50 Cent Drop, Drivers Relieved
Summer is an expensive season- with vacation, camps and long drives to the beach. But this year, you can save a few bucks at the pump, because gas prices are down 50 cents per gallon, since April!
Tracy Noble, an AAA spokesperson opines , "We did not hit the national average high, that we hit back in 2008. Which is great news, and that was a $4 a gallon. We heard speculation that we would hit $5 in 2012, and we're no where near that.”
The current, national price for a gallon of regular gasoline, stands at $3.41. That's much better than two months ago, when it was a dizzying $3.94 a gallon. This summer gas is lighter on the wallet, compared to 2011 when it was $3.59 a gallon.
But some drivers, still think they spend too much on gas. Anna Hernandez , a New Yorker says, "I think it's too expensive. The prices have to come down.”
"Why complain? You can't do anything about it!,” says Josh Mitchell, from Ohio.
Still, many drivers are breathing a sigh of relief, remembering what it was like, in the summer of 2008.
"In 2008 there was a sense of foreboding. All around ,people were trading in that high dollar SUV, looking for an eco- friendly vehicle. They were looking to save money where they could. They put family trips on hold,” explains Noble.
AAA reports the family trips are back on this year! But some people are still being cautious.
Gretchen Zichelle, from Massachusetts says, "I will do all my errands, in one journey. If the kids need to be picked up from school, I'd make very sure they can take the bus instead. No need for extra trips."
Because even with the relief at the pump, filling up for the week is still tough.
Carl St. Jean, who is self- employed in Connecticut adds, " I spend about $100 dollars to fill up. I'm self employed and it really hits the wallet.”
The question everyone's asking now- How low will it go?
Noble thinks, “ We could reach below $3 a gallon in 2012. We have topped out in April, and we will continue the downward stride. Unfortunately, it's one of those things that's so hard to determine, so hard to pinpoint."
For now, everyone is just happy that gas prices are down, and summer has just begun.
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