September 24, 2013
The price of gas is expected to fall. This is not new news but relevant to initiating a sustainable economy. The report is good news for business and consumers to consider spend and relax. The “U.S. gasoline prices continue to drop” if not long-term will be a bubble for the masses and a win for those who can lock in or build off the dip.
UPI gave insight into the logistical researcher, Motor group AAA reports Monday the national price for a gallon of regular unleaded gasoline was $3.47, the lowest since February. The national average price for a gallon of regular unleaded gasoline Monday, about 4 cents less than one week ago and 34 cents lower than the same time last year. AAA reports a national average of around $3.66 for February, one of the lowest averages for the year.”
The benefits to reduced gas prices is a good signal boost to the economy if this is an incremental reduction and not a bubble to burst leaving consumers leery. Low gas prices initiate spending and hope for a better economy. The nexuses of price-gas-shale-and-consumer trust is in galvanizing support for shale. As gas prices fall the mindset can leap to the cross correlation for the benefits of natural gas to the lower costs and build a robust energy platform.