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Gas Prices Dip for 58th Consecutive Day
The Green-Hyped Helios Gas Station at Robertson & Olympic (more photos here) | Photo by manmadepants via LAist Feautured Photos on Flickr
The average price of a regular gallon of gas today is $2.491. Gas prices have declined for 59 days straight, falling an average of $1.25, according to the Daily News.
Theories about gas the decrease and increase before and after Presidential Elections are definitely not true this year, but are those theories true? "No matter what happened in prior years, this year is different--there are some unique circumstances this year," Marie Montgomery of the Auto Club of Southern California told LAist, referring to this year's massive gas price hike over the summer. She shared gas price numbers around the 2000 and 2004 Presidential Elections and the cost of fuel nationally did not move up or down much at all.
"If all things are equal in Winter months, gas prices should come down because of the pattern of usage is at its lowest point [in January and February]," Montegomery pointed out. "The high point of usage is in the Spring and Summer."