Lowest Gas Prices in Years, Hmmm? A Summer of Savings, Perhaps!

A Cheaper Summer It Will Be!

Americans ready for summer travel you are? Good news I have. Prices at the pump cooling off they may be! Lowest gas prices in years this summer could bring hmmm. Below $3 a gallon the national average could fall says Patrick De Haan of GasBuddy. Cheapest summer since 2021 it will be when the economy by Covid heavily influenced it was. A surprise to be sure but a welcome one!

Ten Cents The Spike Was!

Tuesday $3.21 was the national average for a gallon of gas. Up 10 cents from two weeks ago it was. The Israel Iran conflict the cause was. But ceasefire they have agreed to hmm? Prices steeply fall they should! Resume their slow decline they will. Patience young Padawans you must have. "Always two there are no more no less. A master and an apprentice."

Supply Increases Prices Fall!

Throughout the summer gas prices tend to drop. Various factors they are. Supply increases they do. The expensive summer blend leveling off it is. Refineries increasing production they are. Consumer demand softening it is. "Difficult to see; always in motion is the future."

Middle East The Exception It Is!

The Middle East situation an exception it is. De escalation seemingly it is in. Gas prices resume their slow decline they should. "Fear is the path to the dark side...fear leads to anger...anger leads to hate...hate leads to suffering." So fear not for lower prices are coming!

Cheapest Ever? Adjusted For Inflation Hmmm!

Adjusted for inflation near the lowest levels we've seen in 20 years gas prices are. Three percent of their income Americans use to fill their tanks. Rising incomes Americans are spending far less of their income on energy than they have in quite some time. "Do. Or do not. There is no try."

Temporary Shocks Remember You Must!

Most shocks will be temporary remember you must. The market for oil determines the price of gas. Global events reacting to it is. Just as quickly as prices rise fall they often will. Pipeline outages major hurricanes all temporary events they are. Changing every day the world is. Not always for the worst it is. And remember buy a house you can if you dare! But a Jedi craves not these things.