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Gasoline prices fall in US may lure travelers off planes
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Gasoline prices are advertised at a gas station near Lindbergh Field as a plane approaches to land in San Diego, California in this June 1, 2008 file photo. To match Reuters Witness story OIL/TAXI in which, Daniel Fineren, who is a senior energy correspondent, describes his recent encounter with a Spanish taxi driver on the way home from the World Petroleum Congress.[Reuters]

Gasoline prices are advertised at a gas station near Lindbergh Field as a plane approaches to land in San Diego, California in this June 1, 2008 file photo. To match Reuters Witness story OIL/TAXI in which, Daniel Fineren, who is a senior energy correspondent, describes his recent encounter with a Spanish taxi driver on the way home from the World Petroleum Congress.[Reuters] 



Roland Paquette, Driver, said, "It's a whole lot cheaper, 50-cents a gallon cheaper, at least."

The station was selling gas at 2-dollars and 85-cents a gallon, well below the national average.

Industry analysts say the lower prices could eventually create a silver lining throughout the rest of the economy.

Andy Lipow, Lipow Oil Associates, said, "The cost of delivering goods such as food to the supermarket and items to the mall is going down, so the consumers should see lower prices there as well."

(CCTV October 13, 2008)

 
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