Gas prices keep falling… falling…

2006 Hummer lineup: H3, H1, and H2 (L-R)

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Okay, it’s great news! The highest national average was in July 2008, at $4.11 and now the national average is $2.10 per gallon.

I really, honestly swore that we were never going to see it drop below $3/gallon. I was convinced that since we were all going to be so used to paying that much, that the oil/gas companies weren’t going to let it drop. I mean, two whole dollars less over the course of less than six months?

Stupid thoughts (Or, things I think of as possibilities, but don’t necessarily hold any factual evidence):

  1. Gas never needed to be that high in the first place. It was a scam. It was a ploy to get more of our money into the economy.
  2. Automotive companies won’t need as much of (if any) bailout now, because they can go back to charging what they were for trucks and SUV’s.
  3. People are going to continue to contribute to ruining the environment, now that gas is back down. Viva la Hummer! *eyeroll*
  4. Americans aren’t going to learn a thing from this. Sure, there are hippies and frugalites abound, but for the most part, this country’s still going to keep wasting fossil fuels.
  5. Uh, does this mean my home heating oil will get cheaper, too?

So yes, we know that the gas price drop is going to help us in the pockets (especially those of us who traded in gas hog vehicles for higher MPGs) but what does this really mean for the American economy? Everything else went up in cost because of the fuel costs, so now that they’re down, will everything else go back down too? Can we finally buy that box of Wheat Thins for less than two bucks?

Thoughts?

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