Originally published on Fri October 18, 2013 11:34 am
In recent weeks, economists have been worrying about the negative impact of the now-ended government shutdown and potential debt crisis.
But away from Capitol Hill, the economy has been getting a big boost: Gasoline prices have been declining, week after week. In some parts of the country, a gallon of unleaded regular gasoline is now down to less than $3 a gallon — a price most Americans haven't seen in three years.
And any time the pump price starts dropping, consumer spirits start rising.
Oklahoma motorists will pay less for fuel during the long Labor Day weekend than they did a year ago.
AAA Oklahoma says Tuesday's national average price for regular gasoline is $3.54 per gallon. But the average price in Oklahoma is about $3.45 per gallon. That's 16-cents less than last year's $3.61 per gallon.
Tuesday's national average price is nine cents less than a month ago and 21 cents less than the same day last year.