When this appeared in the media a couple of days ago, noises were made to the effect that we might be seeing a Whole New Era:
Of course, for this to be true, everyone else would have had to rush out and match this price, seen at the OnCue Express at 44th and Shields. As of today, the Duo at 59th and Blackwelder will sell you E10 at $1.999, if you’re paying cash — add a dime for plastic — and the 44 Food Mart, just east of that OnCue, has dropped to $1.989. That’s it. This is not, I shouldn’t have to point out, a Whole New Era. And GasBuddy counsels caution:
GasBuddy anticipates that some motorists in Texas, South Carolina, and Missouri may see $1.99 show up soon as well. Areas of Houston, Spartanburg, and St. Louis are the only metro areas within “striking distance” of less than 20c/gallon.
We should make clear that at this time, we do not believe any city or state will see average prices under $2/gal, but yes, a handful of stations across the United States may see these prices. Should oil prices continue to decline, as some of our analysts have predicted, it will open the door to motorists in more cities seeing a few $1.99 prices.
I’m still paying $2.619 for premium, of course.