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Sep 27, 2006 -- The cost of gas - at home and at the pump

In states with low gasoline taxes, you’re going to see prices drop into the $1 range. The price of a gallon of unleaded gasoline at wholesale is $1.45 right now. So, depending on where you live and the taxes charged in your state, you could be paying a lot less at the pump. Keep in mind that some states charge very little in taxes while others charge a huge amount, and the station usually posts that information. What about natural gas? The cost at wholesale is about 44 cents a therm. So, at retail, states that regulate the natural gas market, the price will go down significantly. In states that have deregulated the system, it’ll be up to the various companies what to charge you. Economists are speculating that the price will be about 75 cents a therm at retail, which is great. Who knows how long it will last? But for now, this is great news for winter.

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