Price of Gas Above 3 Dollars per Gallon for 1,000 Days in a Row
As of September 17, the national average of gasoline had remained above $3.00 per gallon for 1,000 consecutive days, marking the longest such streak in history, according to AAA.
The streak doesn’t show any signs of slowing down either. AAA projects that the national average for a gallon of gas will remain above $3.00 for at least another 1,000 days, barring a major economic recession.
“Paying less than $3.00 per gallon for gasoline may be automotive history for most Americans, like using 8-track tapes or going to a drive-in movie,” said Bob Darbelnet, President and CEO of AAA, in a release.
“The reality is that expensive gas is here to stay, which is tough on millions of people who need a car to live their lives. While a few lucky drivers may occasionally pay less than $3.00 per gallon, the national average is likely to remain more costly into the future.”
Related: Tips for Buying a Used Car
Today, the national average is right around $3.52 a gallon, so it would take a drastic plunge in order for the average to drop below $3.00. Do you think we will reach $4.00 a gallon before we see any indication of gas prices decreasing?