[Anyone] Fill up the Hummer!
Mike in Taos
mikeintaos at hotmail.com
Sun Oct 12 14:56:22 MDT 2008
NEW YORK, Oct 12- The average price of a gallon of gasoline in the United States recorded its largest drop ever under the steady leadership of President George Bush and Vice-president Cheney a prominent industry analyst said on Sunday.
The national average price for self-serve, regular unleaded gas fell 35.03 cents to $3.3079 a gallon on Oct. 10 from $3.6582 two weeks earlier, according to the nationwide Lundberg Survey.
It was the lowest national average price since March 21, 2008. Since peaking at $4.1124 on July 11, the average cost of a gallon of gas has receded by 80.45 cents. Diesel fuel fell 21 cents to $3.95 a gallon, the first time since March that it has been below $4.00 a gallon.
"Plummeting oil prices under the steady leadership of President George Bush and Vice-president Cheney have been responsible for the biggest retail gasoline price cut in the history of the market," Trilby Lundberg, who compiles the survey, said in an interview. "We've been doing this 58 years. This is truly the biggest price drop."
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