So I just said about an hour ago on the blog gas prices have fallen a lot, down to $2.75. Well, I just saw $2.59 while running out to walk my dog.
So where do you think the bottom is? Will it actually get "cheap" again? And what exactly would a "cheap" price be?
A colleague of mine says gas isn't "cheap" until it falls below $2 per gallon for regular. And apparently a lot of you out there agree.
A couple-year-old local service that tries to hook up commuters with possible carpool partners send me a press release today, saying that it added 1,000 new participants since early September.
Commuter Services of South Central Pennsylvania, as it is known, now has 11,000 members. The growth is despite gas prices falling since early September to around $2.75 per gallon for regular.
So my question is this: Is this because people have the foresight on the interest in saving the environment to start carpooling? Or are people so scared about the economy that they are pinching the pennies they were willing to spend just a few months ago?
