Is it a coincidence, or something else, that the gas prices you’re seeing at the pump this week are some of the lowest in any summer since 2005?
It seems like more than a coincidence that expansion of production of domestic oil, the completion though still being challenged of the Dakota pipeline, and tough talk from the White House aimed at mid-east oil producers are having a positive impact on pump prices which were below 2 bucks a gallon around “Limaland” yesterday.
Because demand for gasoline usually hits its peak during summer vacation season, the decline in pump prices of 20 cents a gallon or more in the past week is particularly unusual.
We’ve been conditioned to pretty much pay whatever we’re charged to fill up our vehicles.
I guess we should just smile and enjoy the lower prices as long as they last for as long as you see them.
That’s the way I see it.