It's beginning to look a lot like Christmas...at the gas pump at least.Am I the only person scratching his head at the recent drop off in fuel prices? On July 7th of this year, the national average for a gallon of petro was $3.99/gallon.
I filled up last week for $1.69. (And rumor has it that the price per barrel of crude might drop below $30 in the next couple months, giving us sub dollar gas!)
The average American burns through 500 gallons of gasoline each year. That means you and I are saving over $1,000/year if this average holds for the next 12 months. (Somehow I doubt OPEC will allow that to happen.)
I'm no economist, but that sounds like a nice little stimulus package to every American that drives a car or buys groceries.
So CNN, please stop airing the iReports of people asking for their piece of the bailout. It's already here, sorta.
