Gas is now cheaper than milk

“The decline in fuel costs over the past year returned gasoline prices to their rightful place: cheaper than a gallon of milk,” the Wall Street Journal is reporting.

“The national average price for a gallon of regular gasoline fell below $2 on Monday for the first time since 2009, AAA said. In several states, the average price was below $1.80 a gallon.

“While shoppers are finding gasoline for less than $2 a gallon this holiday season, they would be unlikely to find a quickie mart selling milk for less than $3 a gallon.”

The rest of the article is here.


Author: jeffpelline

Jeff Pelline is a veteran editor and award-winning journalist - in print and online. He is publisher of Sierra FoodWineArt magazine and its website Jeff covered business and technology for The San Francisco Chronicle for 12 years, and he was a founding editor and Editor of CNET News for eight years, among other positions. Jeff has a bachelor's degree from UC Berkeley and a master's from Northwestern University. His hobbies include sailing, swimming, and trout fishing in the Sierra.

10 thoughts on “Gas is now cheaper than milk”

  1. Thanks God Obama is President, he must be the reason gas is cheap.
    He’s sure to blame if it were expensive, so———–

  2. It seems to me that gas always gets cheaper in an election year. The billionaires don’t want too many things for people to be pissed at which would mean less votes for the right wingers who support them.

    1. It wasn’t cheap in the summer of 2008, it was sky high with oil hitting around $130 a barrel. Of course the financial system had a seizure in September of 08, Lehman collapsed, and we all know the rest. But gas the most expensive I’ve ever seen it just a few months before that election.

  3. I’m hearing an interesting narrative about oil/gas, and that is when it goes up, it’s going to go way up. Just like it went way down. We have commodity traders to thank for that kind of volatility. They thrive on volatility.

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