Price at the Pump Falls Below $3.00 in Parts of U.S.

This transcript is automatically generated

Price drop well it continues -- -- the national average for a gallon of regular down another penny overnight 331 is the price diesel coming in at 397.

Let's bring in that Patrick the -- with -- -- dot com all right.

I'm gonna give -- another commercial because I'm a nice guy get.

If I noticed gas buddy dot com you and I put in my zip code if you will tell me where is the cheapest gas in my zip code is that correct.

That's correct so tell me where is the cheapest gas in the country -- Why I get to use the the word to handle that that something we haven't brought out since I think midsummer but.

282 a gallon in saint Louis Missouri today and Saint Louis is one of the only cities with an average now of below three dollars a gallon.

282.

-- one station in saint Louis Missouri.

There's a couple down that high but that it's quite a few stations under three dollars a gallon they're like -- of the averages even under three -- so Saint Louis.

Probably drawing a bit -- party case cap can you tell me why why saint Louis Missouri is Missouri a Missouri which is it.

Well I think Missouri and you -- -- say you know in New York Missouri but that I -- it was very -- right to dictate to the -- -- -- -- go ahead tell me why in Missouri Missouri is the price -- Well it's down to -- to handle for two reasons low gas taxes and proximity to Gulf Coast refining so they have to advantages that they have that nobody else really have -- -- like inside of the trend all across the country is down and quite sharply so.

-- believe so I think just about every state is looking a pretty nice declines another Great Lakes is is dropping very low and they may see a bit of a price spike that's normal for them but.

National average still does lag last -- so while everybody's feeling all great about gas prices going down Stuart I'm a little bit of a grinch by telling everybody that president's still higher than last year give -- you know -- -- It looks like we talk about this before we've established a new normal.

Prices spike they get up to full box then they come back down.

But they -- -- via the web they settled previously so you've got a new normal which keeps on going off that right.

That that's right the floor is going up and up and I guess some people are okay without a lot of the media calling this a gas price crash and -- -- We think -- myself are we crazy here it's three bucks a gallon this is no crash -- that.

I noticed -- suits and everything on getting more expensive I guess that's because of -- lack new revenue that we're providing for you is that right Patrick to help.

It's it's actually because of lower gas prices -- -- can keep more money in my while Iraq after very good very good traffic for the -- tiger much and its outbreaks -- simple question that will.

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Price at the Pump Falls Below $3.00 in Parts of U.S.

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