Looking for $2 gas? It might be coming soon

Savings at the gas pump are averaging $10 for every fill-up, yet it doesn't look like gas prices are going to start heading back up anytime soon. In fact, prices crept closer to $2 a gallon this past week, as domestic oil supply is at a three-decade high, and forecast to keep growing. At the same time, the price of oil fell to its lowest level in five years. "Oil prices are plunging because … [Read more...]

Thanksgiving traveling like it’s 2009

It's just five years ago, but 2009 is not too hard to remember. The Black Eyed Peas had a hit in "Boom Boom Pow." At movie theaters, "Avatar" was breaking every record imaginable. And at the gas pump, drivers were paying less than $2.70 at the pump. Hit songs and blockbuster movies from five years ago will likely stay there, but cheap gas? It's back, as the national average for a galling of … [Read more...]

Like falling fuel prices? Thank shale

Oil production in the United States is at its highest level since the release of the first "Back to the Future" movie in 1985, and a lot of that has to do with the new shale boom. Crude oil settled at $82.75 on Friday after dropping below $80 for the first time in two years just the day before, as gas prices continue to drop both locally and nationwide. "Motorists are paying $5 to $15 less … [Read more...]

It’s here! $3 gas arrives in Wesley Chapel

It's been years since Florida has seen its average gas prices drop below the $3 mark. And while the state average is not there quite yet, two gas stations in Wesley Chapel was selling gas at $2.99 this past weekend. Those gas stations — the Hess at State Road 54 and Bruce B. Downs Boulevard, and the cash buyers at Citgo at State Road 54 and Boyette Road — were the lowest in the area, and … [Read more...]