FORT WAYNE, In. (www.incnow.tv) --- There's some good economic news this holiday season and you don't need to look further than the local gas station to find it.
Gasoline prices at select Fort Wayne service stations on Friday were selling regular unleaded for less than $3.00 a gallon.
That included at least two competing stations on Hessen Cassel near McMillen Park.
Oil prices fell Thursday over concerns that President Obama and Republican congressional leaders were far apart on reaching a budget deal.
No agreement raises fears about tax hikes and spending cuts, increasing the threat of recession.
But short-term, gas customers aren't complaining.
" I noticed it this morning actually on my way to work at 4:30, I didn't have time to stop this morning, so I stopped on the way home. Figured I better get it while I can, it's not too often you see it this low anymore," said Damian Mires.
" It's great. You don't have $4.00 worth of gas, it's only $3.00. It's good. I love it," said Janell Prosser.
" I am just excited. I heard it on TV this morning, said $2.99, couldn't hold but 11 (gallons in her tank), but I said, let's fill her up," said Velvet Brooks, who wouldn’t have purchased gas, except for the fact the price had fallen to a recent low.
Consumers shouldn't get used to this kind of price, however, as the price of crude oil went back up Friday, on reports that China's manufacturing sector is gaining strength, which could hike demand and prices along with it.
So before you tank up, find the cheapest gas near you by going to our gas prices section on this site here and save a buck!
What are your thoughts CLICK HERE to leave us a "Your2Cents” comment.
© Copyright 2014, A Granite Broadcasting Station. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.