Why You Should Stop Using Gasoline (And Why You Need To)
When gasoline prices hit the $2.30/gallon level last month, some gas stations were struggling to find new buyers.
But that is no longer the case.
It’s all about finding the right gas.
It might not be cheap, but gas prices have dropped significantly in recent years and are now lower than they were in 2010, according to data from the U.S. Energy Information Administration.
That means the cost of gas has been falling steadily over time.
According to the Energy Information Agency, the price of a gallon of gasoline in January 2019 was $1.31/gallons.
That’s lower than it was in January of this year.
Prices have also been falling more slowly than the amount of electricity they were before oil prices peaked in 2009.
The cost of gasoline has dropped about 3 percent per year for the last 25 years.
It hasn’t fallen at the same rate for electricity since at least 2006.
In short, gasoline is no more expensive than electricity.
But some consumers are getting hit with higher prices this year because of the federal government’s policies to help pay for the massive investments in infrastructure that are needed to keep the lights on and the pipes running.
What you need to know about gasoline: