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News

Gas Prices Drop 20-Cents in a Week

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Last Thursday for a regular gallon of gas in Los Angeles: $3.45. Today: $3.25. But will this trend continue downward? Not so fast, says Jeff Siegel at Treehugger: "The fact is, a weakening economy has created fertile ground for falling gas prices. And this is not likely to ease up in the short-term. However, folks shouldn't get too comfortable. Because while economic downturns and recessionary times don't last forever – depleted fossil fuels do. And that's why these lower gas prices represent nothing more than a blip."