Posted on May 20, 2025
Promises Made, Promises Kept: Memorial Day Set For Lowest Gas Prices in Over 20 Years
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Great news as I am driving out of town for the weekend.
Promises Made, Promises Kept: Memorial Day Set For Lowest Gas Prices in Over 20 Years
Posted from breitbart.comPosted in these groups: 
Political Opinions
Political Opinions
Posted 8 mo ago
Responses: 3
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This headline is of course, NOT TRUE.
Gas where I go regularly (in Florida, east coast) is right now exactly $0.01 one penny difference than it was on January 19th. The article cites prices in 2021 - that's 4 years ago, NOT 20. "GasBuddy’s calculation that this year will see the lowest Memorial Day gasoline prices since 2003 excludes 2020, when gasoline and oil prices went into free fall thanks to pandemic measures that discouraged travel." That's a dubious prediction, and unlikely from where I sit. Memorial Day 2003:
May 13, 2003 -- The nationwide average price of self-serve regular unleaded gasoline has dropped an average of 10.5 cents per gallon since mid-April to $1.50, and is now at its lowest price since the end of January 2003. In the fine print: "adjusted for inflation"... But annual inflation since 2003 has averaged 2.14% per year- resulting a cumulative price increase of 46.3%. This means that today's prices are 1.46 times higher than average prices since 2003, according to the Bureau of Labor Statistics consumer price index.
So for this FALSE headline to be true, even factoring in inflation, the national gas average would have to be about $2.20, and NOT $3.08. Once again, math not their strongsuit...
Gas where I go regularly (in Florida, east coast) is right now exactly $0.01 one penny difference than it was on January 19th. The article cites prices in 2021 - that's 4 years ago, NOT 20. "GasBuddy’s calculation that this year will see the lowest Memorial Day gasoline prices since 2003 excludes 2020, when gasoline and oil prices went into free fall thanks to pandemic measures that discouraged travel." That's a dubious prediction, and unlikely from where I sit. Memorial Day 2003:
May 13, 2003 -- The nationwide average price of self-serve regular unleaded gasoline has dropped an average of 10.5 cents per gallon since mid-April to $1.50, and is now at its lowest price since the end of January 2003. In the fine print: "adjusted for inflation"... But annual inflation since 2003 has averaged 2.14% per year- resulting a cumulative price increase of 46.3%. This means that today's prices are 1.46 times higher than average prices since 2003, according to the Bureau of Labor Statistics consumer price index.
So for this FALSE headline to be true, even factoring in inflation, the national gas average would have to be about $2.20, and NOT $3.08. Once again, math not their strongsuit...
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CSM Chuck Stafford
Perhaps the headline is not accurate for everyone, but regular and premium prices in my area are minimally $.50 cheaper than earlier this year. And if I go to costco...8 bucks a pop isn't a lot, but 4 times a month it adds up...
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CW5 (Join to see)
I'm in the Hudson Valley in New York and the price per gallon has, for the most part, gone down. I noticed a slight creep up in the last few weeks.
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Patricia Overmeyer
But Our Dear Leader just said on the tv that gas is only $1.98 a gallon! It must be true if Our Dear Leader said it. He wouldn't lie about something like that. And he also said egg prices are dramatically lower due to his policies. /s
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