If, like many of us here, you were around during the 1970s, you might remember that gas stations used to use all sorts of gimmicks and promotions to get customers to come in. From giving away glasses and toys to offering the “cheapest gas in town”, it was an interesting time indeed at the gas pumps.
When gas prices went over $4.00 a gallon last year, and stayed there for the majority of the first half of this year, nobody would have ever thought that a similar trend would ever recur, but that’s exactly what’s happening.
For example, in Oklahoma City, Oklahoma, an OnCue gas station recently was the first to drop its price per gallon below $2.00, to $1.99. The same day, a competitor a block away dropped their price to $1.98 per gallon.
The reason they did it was simple; cars at the OnCue station were lined up down the block in order to purchase gas at such an unheard-of (these days) low price, forcing them into a “gas war” in order to get customers.
The fact is, gas stations all over the country are scrambling to keep customers coming in as gas prices continue to drop, something that has many consumers giddy with elation. Most have no idea of the perks that used to be available during the 1970s and, after years of paying through the nose at the pumps, our only worried about getting gasoline as cheap as humanly possible.
For the time being that’s not a problem at all, as the average price per gallon nationwide, according to AAA’s Fuel Gauge Report, was $2.74, an incredible drop in $.50 per gallon from just a year ago. In Oklahoma, where the gas war erupted, the average price per gallon was an incredible $2.53, mostly due to the fact that Oklahoma is one of America’s biggest oil-producing states.
Amazingly, as much as the two gas stations mentioned above wanted to make an impact on customers and increase their sales, another gas station in the Oklahoma suburb of Moore dropped their price to $1.95 a gallon the very same day.
With gas prices continuing to fall rapidly, it looks like the trend is definitely going to continue. For motorists everywhere, it’s some of the best news possible, especially with the holiday travel season upon us.
We don’t know about you but many of us here at our blog, given that gas stations are doing their best to lure customers, would love to see then start giving away Matchbox cars again with every fuel purchase.