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  • AP EXPLAINS: How much money you just saved on gas in 2015January 4, 2016

    The Saudis are tightening their belts this year which can mean only one thing: you’re saving a bucket load on gasoline. Massive stockpiles of crude globally have turned 2015 into the year of the pain-free fill up. High five your local gas pump, buckle up and hit the road America, because more of the same is likely on the way in 2016. Here’s a quick breakdown of the numbers this year, courtesy of the AAA.

    ONE FOR THE OIL MAN, TWO FOR ME

    Americans saved a collective $115 billion plus this year on trips to the gas station. The average licensed driver, you, pocketed more than $550, or about enough to buy a high-end hoverboard and a fire extinguisher. The average price for a gallon of gas never broke $3 this year, and it dipped below $2 in December, the first time that’s happened since the Great Recession in 2009.

    I WANT TO CELEBRATE NEW YEAR’S WITH A ROADTRIP … HOW’S THE CORNER GAS STATION LOOK RIGHT NOW?

    No better New Year’s Eve than the present. If you filled up right now, you’d be paying on average less than you had on the past seven New Year’s Eves. The national average price for a gallon of gas right now is $2, the lowest since 2008. But you’d likely pay less. About 71 percent of gas stations are selling gas for less than $2 per gallon, and 16,000 stations are charging less than $1.75. Just don’t drive to California, Nevada, Washington, Alaska, or, if you have an amphibious vehicle in the garage, Hawaii. Those are the five states where gas costs $2.47 or more.

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