Gas prices fell a bit last month, even farther than the national average in my area. According to CNNMoney, gas prices dropped 7.4 percent in November. Meaning the average price of regular gas went down about $.12. During the course of the month, the average price for regular was $3.40 across the United States.
The new prices were also down from the 2.2 percent price hike recorded last October.
Of course, that doesn't mean much when you realize that prices were 1.9 percent higher than this time last year, but I'll take any discount at the pump I can get and gas prices in my area have dropped even farther than the national average.
In the beginning of the month, I was paying an average of $3.45 for regular gas. Not the highest gas has ever been, (my record for the year was $6.17 during Hurricane Isaac,) but it was still a sting to my wallet. It cost about $52 to fill up my small 15-gallon tank and I was expecting prices to stay pretty much the same throughout the month. I had planned on spending about $205 on gas this month if I was kept my driving to a minimum.
Then prices in my area started to fall. I fill up about once a week. The next week when I pulled up to the pump gas was $3.35 for regular. The third time I stopped to get gas in November I was only paying $3.10. That was the lowest price I've seen in awhile and I only spent $46.50 filling up my tank.
All told, I spent $195 on gas last month. And while that seems a little ridiculous for someone who takes a bus to work and hardly ever drives, I still saved $10 off my estimated costs for November. Taking into account that my home state of Louisiana has cheaper gas prices than the national average, I'll happily take that small amount of savings this month.
Of course, I don't expect it to last. The cost of gas in my area has been all over the map. This summer, prices were near $3.00. Then the price for regular jumped to nearly $5.00 during the price hike last October. And shortly before Hurricane Isaac I was hearing that people had paid over $7.00 a gallon for regular gas. So while Louisiana may scrap by lower than the national average some months, we're still paying too much for gas in my opinion.
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