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Can you say $3.40? $3.30?

October 18, 2012 - Per Peterson
What’s up with gasoline prices? Or, should we say, what’s down with gasoline prices? Gas prices continue falling in the area, and before you say, “It’s about bleepin’ time,” hold on, it looks like things will get even rosier at the pump. This is the time of year when gas prices usually start to fall, as refiners switch to cheaper fuel blends. There are also fewer recreation drivers at this time of the year. The annual drop in prices was delayed a bit this year — it usually happens around Labor Day — because of refinery and pipeline problems, the AP reported Thursday, and because of that, supplies fell sharply as our angst grew every time we pulled up to a gas station. But in the coming weeks, you can expect prices to keep falling, as they have done in Marshall and other area communities. The AP reported gas prices could fall to near $3 in the Midwest in the coming weeks. And even if we don’t hit that magical $3 mark, it looks as if we’ll keep ticking downward — a few cents at a time — in the next month. Then again, we’re about due for some kind of uprising in the Middle East, or a hurricane that threatens refineries in the south, so perhaps it’s best not to hold your breath for now.


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