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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) 11 months 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) 11 months 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) 11 months 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) 11 months 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) 11 months 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) 11 months 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) 11 months 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 11 months ago

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