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Gas is now $1.85 a gallon!

 

I am going to put a date on this: it is November 13, 2008. We are solidly below $2 in Ocean County

Can you believe the swing we have seen in Gas prices? I was going to write something about Gas dropping below $2 when I saw the first $1.999 pop up. Then I started counting stations on my drive to the office that were below $2.  But today I saw Below $1.90 at more than one station!

From my quick, unscientific, survey I have to conclude that Ocean County is Far cheaper than Monmouth county. As soon as you cross the Manasquan River it hops back up above $2/gallon. But today I was on Route 37 west in Toms River. I think EVERY station on 37 west was below $1.90. But 37 East still has a lot of $1.90's

Now if we could just get the price of diesel down. I am sick of paying $1 more a gallon for Diesel than Gas!

This is some great news as the Holidays approach, More money in our pockets!  From an economic stand point it is a great thing. It should help increase consumer confidence which has been at all time lows, and it should help the economy over all.

I just wanted to share some good news!

Rob

Robert Rauf

Real Estate Mortgage Network

REMN

8 commentsRobert Rauf • November 13 2008 03:18PM

Comments

Robert, That's great! I sure hope the prices here in Tucson drop below $2... There getting close... I paid $2.39/gal this morning.

Posted by Kurt Duffeck (Long Realty Company) about 1 year ago

Denver is dropping to 1.99 and I've seen a few a little lower! Very nice for my SUV...

Posted by Amanda Hendershot, Exit Realty DTC (Exit Realty DTC, Englewood, CO) about 1 year ago

Its like gas at 1/2 price!  but It is still hard to find diesel under $3, (my car is diesel)...

Posted by Robert Rauf (REMN The Real Estate Mortgage Network) about 1 year ago

Same for up here in NH!  I actually stopped and took a picture of the pump!  I wonder how long this will last.  Did we hit a big well or something?

Posted by Portsmouth NH Real Estate Agent - Rebecca Skane, Realtor®, e-PRO® (Keller Williams Coastal Realty) about 1 year ago

Rebecca, I think it is all a matter of supply and demand... The economy being bad globally must have reduced the demand.

Posted by Robert Rauf (REMN The Real Estate Mortgage Network) about 1 year ago

Robert,

That is incredible news. We have a long way to go to get to $2.00 - not sure we will. :)

Steve

Posted by Steve Hoffacker - Real Estate Sales & Marketing Consulting and Strategies (Hoffacker Associates LLC) about 1 year ago

Steve, how high is gas in your area? Update:  I saw $1.81, 1.83 and a 1.85 yesterday...

Posted by Robert Rauf (REMN The Real Estate Mortgage Network) about 1 year ago

Wow!... That unbeatable price. Here in Vegas is still over $2.00 but again Vegas is the town of tourism and vacation so makes sense.

Posted by Arina S. Hanciulescu about 1 year ago

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