Last month I wrote about gas prices dropping because of the recession. I wonder if gas prices can be used as a direct barometer for the state of this recession, if so then I guess its gotten worse because gas prices are lower this month. Just today I paid $1.44/gallon after a 15 cent per gallon discount with my My Bi-Lo card at Sunoco (shop Bi-Lo, get discount at participating gas stations) – compared to last month when I paid 10-15 cents more at the pump.

So do progressively lower gas prices indicate a worsening economy? I don’t know, what do you think?

RELATED POSTS

• » Book Giveaway Coming Up This Month
• » Long Term Savings, Shorter Term Weight Loss
• » Milk More Expensive Than Gas ... Still
• » Low Gasoline Prices Because of Recession
• » Idling Wastes Money

This entry was posted on December 12, 2008 at 10:21 pm. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Posted in Finance by George | No Comments Yet