# How fast gas prices fall?

**URL:** <https://boards.straightdope.com/t/how-fast-gas-prices-fall/72386>\
**Category:** Factual Questions\
**Created:** [July 13, 2001, 4:25pm UTC](https://boards.straightdope.com/t/how-fast-gas-prices-fall/72386 "2001-07-13T16:25:03Z")\
**Posts on this page:** 8\
**Page:** 1

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**Author:** ![Reeder](https://avatars.discourse-cdn.com/v4/letter/r/c6cbf5/32.png) [@Reeder](https://boards.straightdope.com/u/Reeder)\
**Post date:** [July 13, 2001, 4:25pm UTC](https://boards.straightdope.com/t/how-fast-gas-prices-fall/72386/1 "2001-07-13T16:25:03Z")

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Down 40 cents in three weeks here in mid NC. I just paid a $1.14 for regular down from 1.54 in late June. Is it the same where you are?

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**Author:** ![mongrel\_8](https://avatars.discourse-cdn.com/v4/letter/m/e274bd/32.png) [@mongrel\_8](https://boards.straightdope.com/u/mongrel_8)\
**Post date:** [July 13, 2001, 7:28pm UTC](https://boards.straightdope.com/t/how-fast-gas-prices-fall/72386/2 "2001-07-13T19:28:50Z")

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In my towm in rural Missouri, gas fell from about $1.35 to $1.11 in the period of about a week and a half. First it fell about 10 cents and then about 8 cents and then a penny a day for about a week. I think there may have been a gas war going on though because 4 days ago it went from $1.11 to $1.28 a gallon. 2 days ago it dropped to $1.21 though.

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**Author:** ![Running\_with\_Scissors](https://avatars.discourse-cdn.com/v4/letter/r/a183cd/32.png) [@Running\_with\_Scissors](https://boards.straightdope.com/u/Running_with_Scissors)\
**Post date:** [July 13, 2001, 9:17pm UTC](https://boards.straightdope.com/t/how-fast-gas-prices-fall/72386/3 "2001-07-13T21:17:41Z")

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Here in Long Island, gas has dropped a whopping $.10 or so, down to about $1.67-$1.72.  
[homer]  
Woohoo!  
[/homer]

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**Author:** ![manhattan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/manhattan/32/7_2.png) [@manhattan](https://boards.straightdope.com/u/manhattan)\
**Post date:** [July 13, 2001, 10:11pm UTC](https://boards.straightdope.com/t/how-fast-gas-prices-fall/72386/4 "2001-07-13T22:11:01Z")

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Ugh. We don’t need another thread with everyone from every region commenting. Is there a source that reports by region? AAA perhaps?

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**Author:** ![elfkin477](https://avatars.discourse-cdn.com/v4/letter/e/a9a28c/32.png) [@elfkin477](https://boards.straightdope.com/u/elfkin477)\
**Post date:** [July 14, 2001, 12:01am UTC](https://boards.straightdope.com/t/how-fast-gas-prices-fall/72386/5 "2001-07-14T00:01:47Z")

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I don’t get it. Gas prices where I live are between $1.54 and $1.61 for regular. Last Saturday my family drove up to Old Orchard, Maine, less than 50 miles away (abet another state) and _their_ average price was 30 cents a gallon cheaper. So it can’t just be regional, the state has to have something to do with it too, right?

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**Author:** ![gazpacho](https://avatars.discourse-cdn.com/v4/letter/g/6f9a4e/32.png) [@gazpacho](https://boards.straightdope.com/u/gazpacho)\
**Post date:** [July 14, 2001, 1:04am UTC](https://boards.straightdope.com/t/how-fast-gas-prices-fall/72386/6 "2001-07-14T01:04:36Z")

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Gas is taxed fairly heavily. From state to state I imagine a certain amount of the difference is tax. not $0.30 though.

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**Author:** ![AWB](https://avatars.discourse-cdn.com/v4/letter/a/bb73d2/32.png) [@AWB](https://boards.straightdope.com/u/AWB)\
**Post date:** [July 14, 2001, 3:59am UTC](https://boards.straightdope.com/t/how-fast-gas-prices-fall/72386/7 "2001-07-14T03:59:01Z")

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Here in northern Virginia, it’s dropped $0.20/gal in 2 weeks.

Great news for us delivery people. 🙂

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**Author:** ![sewalk](https://avatars.discourse-cdn.com/v4/letter/s/b3f665/32.png) [@sewalk](https://boards.straightdope.com/u/sewalk)\
**Post date:** [July 14, 2001, 7:26am UTC](https://boards.straightdope.com/t/how-fast-gas-prices-fall/72386/8 "2001-07-14T07:26:07Z")

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> [@](#):
>
> \*Originally posted by gazpacho \*  
> \*\*Gas is taxed fairly heavily. From state to state I imagine a certain amount of the difference is tax. not $0.30 though. \*\*

Actually, they do vary by nearly that much. IIRC, the range is about .07 to .34. I did some research last year to see exactly where OK ranked when some friends were complaining about our $.20 tax rate. A google search should turn up a current table if anyone wants to take the time.
