Friday, October 17, 2008

Gas Prices are Free Falling


Gas prices have fallen to their lowest levels in months after the price of crude oil has tumbled by over $60 in the past six weeks. Gas prices in response have dropped upwards of 75 cents across the Syracuse area.

Despite the drop in prices, some drivers in the area say they wont be changing their driving habits anytime soon.

"
I Consolidate trips though locally, pay a lot more attention to trying to do things in a circle so I don’t go out and do just one thing which I certainly used to do," says Jamesville resident Michael Lazare.

"
You gotta go places, do what you go to do, they are going to charge whatever they want to charge," Syracuse resident Joe Glisson says.

According to lawn scaper Paul Esposito, prices reached as high as $4.43 in the area.
Those high prices hurt this lawn care business.
" Oh it was terrible, it was terrible," says Esposito, "That’s one of the worst conditions you can have when running a lawn and garden service is the fuel consumption and fuel costs. Terrible."

The drop in price has made a noticable impact in the wallet. Glisson says it used to cost him $100 to fill up his tank just over a month ago, but now he can fill up for about $80. Despite the lower prices, Glisson says he still won't be doing any extra driving.


The Liverpool AAA says they've seen the same trend.

" We haven’t seen a pick up just yet, gas prices are down, but still we’re hearingfrom our members and travelers that they are proceeding with caution," says Diana Dibble, the Public Affairs Manager.
According to Dibble, prices will continue to drop throughout October and into November.







No comments: