Good News in No News on Gas Prices?

September 7, 2006
We've watched the "mainstream media"—that's not us, folks—go nutso over rising gas prices, but do they ever report falling prices? No, that would be good news.

Anecdote in point: today my wife paid $2.39 in a Detroit suburb to fill her tank. One month ago, I was paying $3.19 on a trip through Indiana to Kentucky. That's a drop of 80 cents, or 25 percent—a huge amount however you figure it. Yeah, it's not quite apples and oranges because it isn't at the same stations. And of course, not too long ago, a gas gallon price of $2.39 would have caused heart attacks.

But that's beside the point. Gas prices have plummeted, maybe not everywhere, but one has to think this is the end of summer madness. Will it breathe new life into the SUV market? Doubtful, because of the "once burned" theory.

Just thought you'd like to know that you can count on TheCarConnection to bring you the news, good or bad, affecting the automobile.—Mike Davis

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