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Gas prices hit new low, rise again

Gas in Cedar Springs dropped to $1.68 last weekend, before shooting back up to $2.09 Monday. But that is still better than the $3 to $4 we saw last year.

“As we’ve welcomed in the new year, gas prices have stayed at their bargain basement levels in most states, with just a few seeing minor gas tax increases,” said Patrick DeHaan, senior petroleum analyst with GasBuddy. “2015 will be a far better year at the pump than what we saw in 2014, and motorists will fare substantially better, shelling out $96 billion less this year at the gas pump with motorists in most states seeing far more $2 gas than $3 gas.”

“And while gasoline consumers have been celebrating, diesel consumers have been slowly joining the party, with diesel prices declining an average 44c/gal in the last month. And while the party is nearing an end for falling gasoline prices, the diesel price decline has much catching up to do. I see diesel prices declining another 35-50 cents a gallon nationally over the next month or so,” DeHaan noted.

 

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One Response to “Gas prices hit new low, rise again”

  1. Earl Richards says:

    Low gas prices are good for business.

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