Could One-Dollar Gas Be on the Horizon?

2016 Chevrolet Volt pic-7085065711858782732-640x480

A post on our page yesterday introduced CarGurus readers to the 2016 Toyota Prius, a car that will get 55 miles per gallon and a new, more aggressive look.

Five years ago a car like this would have been considered a gift from the heavens, but today Toyota is trying its best to keep it relevant. The same can be said for the new Chevy Volt, which comes with 53 miles of electric range and a gas-powered engine good for a total of 430 miles.

Cars that use fuel sparingly find themselves in a tough market now that gas is well below $3 per gallon. The battle will only get harder if predictions of sub-$2 gas hold true.

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Gas Now at $1.99: Credit the Electrics?

Gas below $2/gallon!

Well look at this, friends: Gas prices are now below $2 per gallon.

Back in 2010, we could have looked ahead to 2015 and wondered how close we’d be to $5 per gallon or more.

Last time we paid this low a price for gasoline, Bill Clinton ran the country, and music came on shiny round discs.

That might be a bit of an exaggeration, but it seems accurate as far as I can remember.

Gas selling at $1.99 per gallon in my area brings back memories of listening to Vanilla Ice, rolling in my 5.0 and putting $10 in my tank to nearly fill it.

Should gas really be this cheap, or should the government step in and increase prices to encourage people to drive more efficient vehicles?

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