Gas prices aren't falling fast enough to suit consumers
Pump prices were still falling in California and the rest of the nation, but remain high in the low post-recession economy that some consumers feel no relief at all. So people continue to decline, not only on their conduct, but on other expenses as well.
The average price of a gallon of regular gasoline reached $ 3,889 in California, down $ 3.930 a week earlier, according to the report of the AAA fuel gauge. But a year ago, the average in California was just $ 3.013 a gallon. Nationally, the average was down at a faster pace, to $ 3.493 a gallon from $ 3.588 a week ago.But the national average was just $ 2.70 a gallon at that time in 2010.
For some, as a security guard Michael Stell of Foothill Ranch, down a few cents per gallon is simply not enough.
Stell has lost his job as a physical trainer from master to a well-known national chain of gyms at the end of 2008. As a security guard, said Steel, it's about half as much money as he did as a trainer. As a consumer, Stell said, it has reduced all its expenses.
At night, at home, he lives with the lights off, except in the room he is occupying. Stell has cut way back on the air conditioning and restaurants.He is off his conduct in his truck and Ford Ranger PT Cruiser more than half to get a cheaper rate on their car insurance.
For recreation, Stell said he used to ride his Harley Davidson motorcycle Electraglide about 15,000 miles per year. This year, Stell said he would keep it at 5,000 miles.
"My father was a distributor Arco and I know he must be turning in his grave about prices like these," Stell said in an interview. "It seems they always take a lot more than a few weeks, then they give up a little and very slowly. I do not fall on the right at all costs."
Some relief in prices can be accelerated on the road. Phil Flynn, analyst at Research PFGBest, said gasoline prices could fall faster and further if returns Libyan oil on the world market by the end of the year.
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The average price of a gallon of regular gasoline in California reached $3.889, down from $3.930 a week earlier, according to the AAA Fuel Gauge Report. But a year ago, the California average was just $3.013 a gallon. Nationally, the average was
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