With the U.S. average price of gasoline falling 20 cents per gallon in the past month to $3.22/gallon Dec. 19, it may be easy to overreact, but U.S. consumers tell GasBuddy that it’s good news, but, it’s not good enough.
“Some reports have been a bit too gleeful but we’re not expecting any dancing in the streets,” says Patrick DeHaan, senior petroleum analyst, GasBuddy.com. “Even with the seasonal price decline, 2012 is going to yield the highest average price ever paid — January through December — at $3.63 per gallon.”
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