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Might Consumers Ultimately Pay the Price for Cheap Fuel?

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As this graph from the American Automobile Association (AAA) shows, the U.S. average price for a gallon of gasoline has fallen dramatically since the second half of 2014. As of February 8 of this year consumers were paying an average of $1.74 per gallon of gasoline, representing a 44-cent year-on-year decline, according to AAA. Barring any significant supply disruptions, AAA expects the low-price trend to continue for the near term.


A limited victory?


"Consumers are definitely the biggest winners when it comes to cheap gasoline," said Alex Goldstein, founder and CEO of Chicago-based energy retailerEligo Energy. "They are able to immediately see the difference of lower prices at the pump in their checkbooks and as a result will be more likely to use their savings in other areas of the economy.



http://www.downstreamtoday.com/news/article.aspx?a_id=50891


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