It was just two months ago that the remnants of Hurricane Ike blew through Ohio, after which prices around here spiked at $4.06 for a gallon of regular gas. Back then, and for many months before, filling the tank was painful.
Now, with a global economic crisis and the price of crude oil at a 20-month low, it's like having a sale on every corner. When my wife and I were out running errands tonight, for instance, I couldn't resist the urge to swerve into a BP selling regular for $1.86.It took only five gallons to top-off the tank, but at less than half what I paid in September, for cryin' out loud, I just couldn't pass it up. (It was 54% less, to be precise, than the post-Ike peak.)
And $1.86 isn't lowest price in our metro area, either -- stations on the other side of town are reported to be selling regular for $1.71.
These prices won't last, of course. I just hope they stick around 'til the mail brings that $50 gas card I won playing McDonald's Monopoly.