Tuesday, September 17, 2013

$3 a gallon for 1,000 Days

A Thousand Days of $3 Gas

  • Gas Pump, Fuel
U.S. average gasoline prices have remained above $3 a gallon for 1,000 consecutive days, and AAA said there’s no end in sight.

Gas prices checked in at $3.50 or higher for 643 days during the streak, which began on Dec. 23, 2010. The national average was at least $3.75 a gallon for 189 days.
AAA said the most expensive daily average during the latest streak was $3.98 a gallon.

The auto and travel group is predicting the streak will continue for at least another 1,000 days barring a major economic recession.
“Paying less than $3.00 per gallon for gasoline may be automotive history for most Americans, like using 8-track tapes or going to a drive-in movie,” said Bob Darbelnet, AAA’s President and CEO. “While a few lucky drivers may occasionally pay less than $3.00 per gallon, the national average is likely to remain more costly into the future.”

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