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Gas prices dip below $2

Heidi Rice and Will Grandbois
Post Independent
Cars line up at the Grand Avenue Sinclair on Tuesday morning.
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The price of regular unleaded gasoline dipped below $2 a gallon at a few local gas stations this week, sparking elation at the pumps.

“I like these low prices,” said Trey Robertson, who recently moved to Rifle from Savannah, Georgia, as he fueled up in Rifle.

“I say hallelujah,” agreed Wendy Turner of New Castle, who paid just $33.17 to fill a tank that typically costs her $70. “I’m totally delighted.”

Brandon Graham, assistant manager at the Sinclair on Grand Avenue in Glenwood Springs, estimated that the store sold 25 to 30 percent more gas than usual Monday after it dropped the price of unleaded regular from $2.03 to $1.99 late in the morning.

Prices have been dropping steadily for several months, due in part to OPEC’s decision not to cut production in the face of rising U.S. output and slumping demand in Europe and Japan.

Graham said he expected prices to stay low until the end of the month. After that, it’s up in the air.

“Our goal is to be the cheapest top marketing station in Glenwood Springs,” Graham said. “Everyone’s trying to go as cheap as they can to get as many customers as we can.”

Although that $1.99 price point is the likely the lowest the area has seen since early 2009 at the depth of the recession, it’s is still well above the cheapest gas in the state — $1.51 at a Fort Collins station — and well below the most expensive — $2.99 in Silverthorne — according to gasbuddy.com. The site puts the state average at $1.92 per gallon and the national average at $2.12.

According to Graham, most local drivers seem happy to take the dropping prices, even if they’re still a bit higher than the Front Range.

“We don’t get very many complaints,” he said.


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