While prices at the pump are pleasing to many drivers so far this holiday season, the plummeting prices of oil are a bit concerning for Colorado’s oil and gas industry.
It’s easy to enjoy low gas prices now, but they may come with a political cost for Colorado in 2015.
Falling gas prices are a double-edge sword for Coloradans: Gas is cheap, but lower prices can negatively affect jobs in the state, where the oil and gas industry hefts a big footprint.
Travelers usually don’t have much to be happy about during the holiday season, but this year Coloradans can enjoy a break at the gas pump.
Colorado motorists have paid less at the gas pump recently, as prices have fallen 12 cents a gallon on average over the last three weeks.
There has been a shortage of gasoline at some Denver area gas stations recently as pumps at some places say “regular unleaded” isn’t available.
With 41 million Americans expected to travel this year, highways and airports will be packed with travelers looking to take advantage of the 3-day weekend.
Unrest in Iraq has prompted a jump in gas prices at time when drivers usually enjoy a break at the pumps.
Gas prices are climbing again. It’s a trend that’s happening across the country and in Colorado.
Colorado may now be seeing lower gas prices but one method of payment may drive some prices back up.