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People line up for cheap gas

2 years 1 month 2 weeks ago October 17, 2014 Oct 17, 2014 Friday, October 17 2014 October 17, 2014 10:09 PM in News
Source: WBRZ
By: Trey Schmaltz

BATON ROUGE- People lined up for gas like they were evacuating a hurricane Friday as prices dipped to near four-year lows.

At the Sam's on Mall Drive, lines were five cars deep at pumps. At the station, members paid $2.61 per gallon. People who did not have a member card paid $2.66. The prices were some of the lowest in the area.

"I know the lines are very long, but it's worth the wait," driver Katie McClay said.

"A penny saved is a penny earned, you can save a little bit of pennies, you could buy something else," said another driver, Kurt Becnel.

Experts predict swings in prices for the rest of the year, but expect prices to fall further.

The national average for a gallon of regular gas is about $3.14.

In a recent interview with the Associated Press, analyst Trilby Lundberg said lower crude oil prices are behind the drop. She forecast further cuts of a dime or more, thanks to decreases in the price of crude oil and ethanol.
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Follow the publisher of this post on Twitter: @treyschmaltz

 

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