Tuesday, September 17, 2013
"Gas Will Never Be Below $3 A Gallon Again"
It’s the longest streak ever for gas prices at this level. Right now, the average in Minnesota is $3.50 per gallon, slightly lower than the national average of $3.54 per gallon.
Bob Darbelnet, president and CEO of AAA, says kiss the days of cheaper gas prices goodbye.
“Paying less than $3 per gallon for gasoline may be automotive history for most Americans, like using 8-track tapes or going to a drive-in movie,” Darbelnet said. “The reality is that expensive gas is here to stay, which is tough on millions of people who need a car to live their lives.”
Experts say paying less than $3 is a thing of the past because of supply and demand. According to Patrick DeHaan, a senior petroleum analyst with GasBuddy.com, more people in the world want oil, and there are fewer places producing it. Read more >>