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Cheap gas in the metro


THE PUMPS. GAS PRICES CONTINUE TO FALL AROUND MISSISSIPPI… AND THAT’S GOT PLENTY OF DRIVERS TALKING. 16 WAPT’S HADAS BROWN IS LIVE IN BYRAM WHERE WE’VE SEEN SOME OF THE LOWEST PRICES IN THE STATE… HADAS… YEAH MEGAN THIS IS THE LOWEST PRICE WE’VE FOUND IN THE METRO — A DOLLAR SEVENTY SEVEN! BUT ONE EXPERT WE SPOKE TO WARNS — THESE LOW PRICES MAY NOT BE HERE TO STAY. ACROSS THE STATE — PRICES PLUNGING AT THE PUMP. “THEY’RE UNDER 2 DOLLARS A GALLON IN MISSISSIPPI WHICH IS AMAZING WHEN YOU THINK ABOUT IT – 3 OR 4 MONTHS AGO BEING OVER 2 AND A HALF OR ALMOST 2 AND A HALF” FUEL-BASED BUSINESSES LIKE DELUXE TAXI IN JACKSON — HOPE THESE RATES HOLD OUT LONG ENOUGH — THAT THEY SEE A REAL BENEFIT. “WE ARE SEEING A RELIEF BUT NOT YET ENOUGH TO COUNT THE NUMBERS” TYRA DEAN OWNS DELUXE TAXI. SHE SAYS THE NEW GAS PRICES MEAN IT COSTS HER DRIVERS ABOUT 30 DOLLARS TO FILL UP — WHEREAS BEFORE, IT WAS 40 TO 50 DOLLARS. BUT HER BUSINESS ISN’T SEEING A BIG BOOST JUST YET. “THE NUMBERS WILL BE ABLE TO COUNT WHEN ITS LONG TERM IF THE PRICES STAY DOWN MORE THAN 60 DAYS” BUT THE GAS PRICE CUTS AREN’T HELPING EVERYONE. IT COULD MEAN JOB CUTS FOR SOME BUSINESSES. “THEY’RE INVOLVED IN THE ACTUAL PRODUCTION OF EITHER OIL OR GASOLINE OR THEY’RE REFINING OIL INTO GASOLINE AND SO THEY’RE EXPERIENCING FALLING INCOMES” HADAS BROWN/16 WAPT NEWS: “DOCTOR WILLIAM PENN SAYS HE DOESN’T THINK THIS PRICE PLUNGE AT THE PUMP IS GOING TO LAST — SO HE’S WARNING PEOPLE NOT TO GET TOO EXCITED ABOUT THE EXTRA CASH THEY’VE GOT NOW” “I REALLY THINK WE HAVE ANOTHER SIX MONTHS OR SO OF LOW GAS PRICES” “WHAT DO YOU DO WITH THAT SURPLUS? THIS WOULD BE A GOOD TIME TO WORK DOWN INDEBTEDNESS – EVEN SAVE” DEAN SAYS — SHE HOPES THE LOW PRICES LAST LONG ENOUGH — THAT HER CUSTOMERS CAN SEE THE BENEFIT. “IF IT’S LONG TERM WE DEFINITELY LOOK FORWARD TO IT AS WELL AS WE WOULD LIKE TO PASS IT ON TO THE CONSUMERS AS WELL” TAKING A LOOK AT MISSISSIPPI MEASURES UP AGAINST THE REST OF THE COUNTRY– OUR AVERAGE PRICE PER GALLON IS ABOUT 2 DOLLARS AND 3 CENTS ACCORDING TO TRIPLE A’S FUEL REPORT. THAT PUTS US IN 10TH PLACE — WITH A NATIONAL AVERAGE OF ABOUT 2-20. LIVE IN BYRAM HADAS BROWN 16 WAPT NEWS. THANKS.

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