Gas Prices Continue to Drop Nationwide

Posted 2 years ago

By Scott Carlson

gaspumpThe average U.S. price of a gallon of gasoline has dropped 11 cents over the past two weeks.

The Lundberg Survey of fuel prices released Sunday says the price of a gallon of regular is $3.54. Midgrade costs an average of $3.72 a gallon, and premium is $3.86.

Diesel was down seven cents to $3.98 gallon.

Of the cities surveyed in the lower 48 states, Tulsa, Okla. has the nation’s lowest averageprice for gas at $3.21. Chicago has the highest at $3.97.


  • Ethanol man

    Everyone needs to thank ethanol for cheaper gasoline….

    Current score: 4
    • If you can afford a new enough car to use ethanol. Personally, my car takes regular only.

      Current score: 1
  • Val

    Except for the stations by the interstate.

    Current score: 2
  • big bad

    prices are dropping so it will take some heat off of nobama

    Current score: 0
  • Elmer Fudd

    E10 (gasohol)

    E10 (also called “gasohol”) is a blend of 10% ethanol and 90% gasoline sold in many parts of the country. All auto manufacturers approve the use of blends of 10% ethanol or less in their gasoline vehicles. However, vehicles will typically go 3–4% fewer miles per gallon on E10 than on straight gasoline.1
    E85

    E85, a blend of 85% ethanol and 15% gasoline, can be used in flexible fuel vehicles (FFVs), which are specially designed to run on gasoline, E85, or any mixture of the two. FFVs are offered by several vehicle manufacturers. To determine if your vehicle can use E85, consult your owner’s manual or check the inside of your car’s fuel filler door for an identification sticker.

    Cost. Cost varies regionally. It is cheaper than gasoline in some areas, such as the Midwest, and more expensive in others.

    Availability. More than two thousand filling stations in the U.S. sell E85, and that number is increasing rapidly. Visit the Alternative Fueling Station Locator for locations of service stations selling E85.

    Performance. No noticeable difference in vehicle performance when E85 is used.

    MPG. FFVs operating on E85 usually experience a 25–30% drop in miles per gallon due to ethanol’s lower energy content.

    I really don’t think we need to thank ethanol for lower prices. It may lower the fuel cost, but not enough to offset the decrease in MPG’S.

    Current score: 2
    • Ethanol Man

      http://e85prices.com/nebraska.html

      This website shows how much cheaper E85 is than regular gasoline. As you can see the price is 6% to 14% cheaper than regular gas. Historically the spread is even larger. You state that FFV’s get a 25-30% less mileage but that is at the extreme. Our studies indicate the average decrease in mileage is closer to 10-15%. So that makes it a wash financially to use E85. And also every dime spent on ethanol stays in the USA supporting our economy!

      Current score: 2
      • Elmer Fudd

        That info was off of a government website. You will never convince me Ethanol is a good thing. If it was so great, all these plants around the U.S. Would not be closing. It’s not efficient to make, thats the problem. You can blame it on corn prices all you want. I’ve seen how much natural gas, electricity, and water it takes to produce ethanol. Its a joke, and unless you figure out a more efficient way to produce it, it will never be the answer to foriegn oil. these plants will probably be big sitting bird houses within the next ten years. But hey man to each his own, if you think it’ s so great, good for you.

        Current score: 1
        • Ethanol man

          Have you ever looked at how much natural gas, electricity, and water it takes to run on oil refinery? All energy takes refining and inputs to prepare it for use by the consumer. And guess what…. Every 56 pounds of corn that is used to make ethanol yields 19 pounds of distillers grain which is great cattle feed…. Elmer it really hurts to have a level head person like yourself….( You’ve proven that from your past posts )…. Be so negative against ethanol….. Please take the time to study ethanol further because it is a bright spot in our otherwise piss poor economy….. Please research this link….http://www.ethanol.org/pdf/contentmgmt/ACEFuelEconomyStudy_001.pdf

          Current score: 3
          • Elmer Fudd

            What is the Btu value of one gallon of gasoline compared to the btu value of one gallon of ethanol???? I’ m just gonna have to agree to disagree with you on this one. Maybe when you can start making ethanol out of corn stalks,wheat stalk,compost, etc. then you might really have something profitable. Is the federal mandate of mixing ethanol into gas still in effect? If it wasn’t how many plants do you still think would be around? I’m betting not many.

            Current score: 0
  • Curious One

    What about hemp? Why not use the same fuel our forefathers used?

    Current score: 0
  • Elmer Fudd

    Another thing that sucks about trying to find info. about ethanol on the net, is there is a bunch of sites that seem to push the ethanol, and some that are negative about it. kinda makes you wonder were everybody gets their info.

    Current score: 0
    • Ethanol man

      You are correct. Both sides of the ethanol debate are heavily funded by opponents and proponents of ethanol. It makes it tough to be properly informed. This is the simple economics of ethanol all politics set aside. One bushel of corn yields 3 gallons of ethanol. Today’s north platte corn price of 6.55$ per bushel and today’s Nebraska spot price of ethanol 2.59$ per gallon. 2.59$ x 3= 7.77$. That works out to 1.18$ in margin per gallon for the ethanol plant minus refining costs. And also the plant sells the distillers grain for 250$ per ton which equates back to 2.18$ per bushel return on the corn purchased to make ethanol. This math shows why ethanol plants work and improve our local economy.

      Current score: 3