UCAN's Gasoline Guy Talks about the Precipitous Drop in Prices

KPBS | By KPBS Public Broadcasting

Published December 2, 2008 at 10:05 AM PST

This story was published more than 15 years ago.

In just five months, the price of gasoline in San Diego county has fallen from more than $4.60 a gallon to less than two dollars. The record prices of summer have given way to record price reductions.

Tom Fudge: Driving a car and filling it up is one experience that nearly all adults in our city share. And over the past four to five months we've shared another, related experience: Being shocked, when we fill up, by how low the price of gas has gotten. When the price of gas was more than four-and-a-half bucks a gallon, we thought this was something we were all going to have to get used to. But gas prices have dropped precipitously to less than half of that in less than five months. What's going on here?

Guest

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Charles Langley, manager of the gas project of UCAN , the Utility Consumers' Action Network.