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This Fall, Gas Prices Just Keep Falling

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Nov 24, 2008 12:12 am US/Eastern

This Fall, Gas Prices Just Keep Falling

DORAL (CBS4) ― The price at the pump is finally dipping below the $2.00 mark at many stations across South Florida. For most drivers, it's a much needed relief, just in time for the holidays.

The average car takes about 15 gallons of gas. Prices are down $1.08 from last year. So if you fill up four times a month, CBS4 News estimates you will save about $64.80 each month.

At the Exxel station in Doral, Jorge Urbina smiled as he filled up his SUV. Gas there is just $1.92 a gallon.

"Oh, it's pretty cheap," said Urbina. "And it comes in handy times like this, oh yeah.... especially I have a family. So it does help a lot." Urbina said he plans to buy Christmas gifts with the extra money that he'll save at the pump.

But in a sour economy like this, many others are thinking more about the bottom line and planning to use the extra savings to pay off debt or bills accrued during months of $3.00 and $4.00 gallon gas.

(© MMIX, CBS Broadcasting Inc. All Rights Reserved.)

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Eye on the Pump - Gas Prices

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