The giddy plunge continues. Triangle drivers were paying way more than state and national average prices for gas a month ago, but since then we've been catching up -- or catching down.
The local average price for self-service regular has fallen $1.41 in the past month to $2.250. That puts us just a nickel north of the national price, which has fallen $1 during the same month. The last time we paid this little was in February 2007.
And that's just the average. It's pretty easy to find much lower prices.
I was content yesterday to pay $2.099 on I-85 in Alamance County (I invested in 10 gallons only), but that's nothing to brag about. The volunteer price spotters at raleighgasprices.com report that there are plenty of places in Wake County where you can pump to your heart's content for under $2.
Under $2? I don't know how much longer the price will continue this astonishing fall. But if it keeps this pace, the Triangle average price for regular will fall below $2 in the next week.
The last time we saw that was in March 2005.


Bruce Siceloff reports on traffic and transportation. A News & Observer reporter and editor since 1976, he took over the

Comments
Gas Stimulus package?
Wed, 11/12/2008 - 19:41 — robot_b9If you consider all the gasoline the country consumes and the number of drivers the drop in the price of gas puts an extra $20 in each of our pockets every week. All together this comes to over 5 billion dollars every week! Good news for our economy.