Wednesday, June 19, 2013

Latest southern Colorado news, weather and sports from FOX21 News

Gas prices dip below $3
Posted: 12.23.2011 at 9:28 PM
0
Photo

COLORADO SPRINGS, COLO. --

Right on time for the year-end holiday travel season, drivers get the gift of cheaper gas as pump prices dip below $3.

According to AAA, the average price for regular unleaded is about $3.22 in Colorado but in Colorado Springs several gas stations have posted prices of $2.99 or less.

"It's about $15 bucks less to fill it up [Friday] than it was a three, four weeks ago," Visa Perlinger, a Colorado Springs driver said.

Weak consumer demand and a large supplies are pushing pump prices down.

Gas prices have been on the decline since October 19 going from $3.47 to $3.09, almost a 40 cent drop, according to AAA.

More than 6 million people in the Mountain states are expected to hit the roadways for the year-end holiday travel, a 2 percent increase compared to last year.

The projection also exceeds national year-end travel trends.

"$3.01 cent or $2.99 really doesn't matter much does it, but it's all psychological."

While that penny might not add up to a ton of savings gas prices are finally going in a downward direction and in Colorado Springs gas is priced less than the national average of $3.27.

So, like the saying goes a "penny saved is another penny earned".

Compared to December 2010 gas prices in Colorado Springs are still high, last year regular unleaded was $2.72.

Popular Stories
Thumbnail
Couple who died in Black Forest Fire identified
Travis Ruiz   |  Yesterday at 5:35 PM  |  8 comments
Thumbnail
Wildfires burn north of Colorado Springs
FOX21 Continuous News Desk  |  Yesterday at 9:30 PM  |  14 comments
Thumbnail
Continuing to give back, after losing her home
Sam Baranowski  |  Yesterday at 8:00 AM  |  9 comments
Follow FOX21
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
Auto
Car maintainance
Worship & Remembrance
Need a place to worship or need to give your loved one a proper burial? We have all the information to make it easy for you.
Best Bets
Advice from experts
Legal
Help from lawyers
ADVERTISEMENT