Fill Up While You Can!
Fill Up While You Can!WITN Blog Listing
Fill Up While You Can!
Topic Author: Dave Jordan
Posted: 8:54 PM Aug 26, 2008
Replies Posted: 3 comments
Save Email Print
Recent Blog Topics

It's nice to see gas prices fall a bit...even if it's likely only temporary.

Gas prices are now down to $3.51 at the last station where I filled up.  That's about 50 cents cheaper than earlier this summer.  Still not a bargain...but a bit more tolerable.

The bad news is that prices could increase again real soon.  Oil prices are expected to jump as Hurricane Gustav heads towards the Gulf.  The coast of a barrel of oil increased $1.16 Tuesday  to close at $116.27.  It's only expected to go higher as evacuations of some oil platforms in the Gulf could begin as early as Wednesday.

I'm still hopeful Gustav won't cause much disruption in the Gulf...but as far as the market speculators are concerned...it appears it already has!

Post Your Comments
First Name:
Email (optional):
Location:
Enter Comments:  
   characters left
Email will not be displayed on site. For station contact purpose only.
Read Comments
Posted by: Ted Location: Greenville
I understand how the price of oil is determined, I truly do. But it is very difficult not to raise an eyebrow when every storm, broken mirror and barking dog causes the price of gas to skyrocket. All I know is when my Jeep was new I could fill it up for $12.00 flat. Today I put in an even $60.00 and I wanna yell at somebody!

Posted by: Joann Location: Arapahoe
I have missed Jamie Arnold is he still with WITN Weather

Editor's Note: Go to the "Where Are They Now" section of the site and read Jamie's farewell notes. We miss him too.


Posted by: Mike Location: Edenton
The reason the prices are falling is because of the election. When the Dems regained control of the Congress and Bush entered his 2 year lame duck session gas was $2.16 a gallon, consumer confidence was high, housing starts at an all-time high, low unemployment, strongest ever stock market, and so on. After 2 years of Dem control all those things have gone to the dogs and you hear no comparisons from the media.

Special Sections
CarSoup
Search inventory from local dealers and private sellers.
Rental Guide
Video tours to help you find your next apartment.
Double Dollar Deals
Save 50% from local merchants.
Classifieds
THE place to buy and sell items. Most ads free.
Experts
Got a question? Ask Eastern Carolina's Experts.
Business Break
Two minutes of info from local businesses.
Attorneys On Call
Free legal information on a variety of topics.
Video Home Tours
Tour Eastern Carolina homes from your computer.