Medford, Ore — You may have noticed it takes a little less out of pocket to fill up at the gas station recently and experts say there’s a good chance that trend will continue.
It’s something we haven’t seen for years and there’s a decent chance it’ll only get cheaper in the next few months.
1.99, 1.98, 1.97, the numbers outside Rogue Valley gas stations seem to be dropping at an unheard of rate.
“Means I can afford to fill my car,” said Steven Babbitt.
For consumers that means a little less pain at the pump.
“Makes things a bit easier, there’s always bills to take up the extra money but it’s not quite as tight as it has been,” said Babbitt, a Medford resident.
AAA says international politics are keeping gas prices low and they may go lower, spelling savings for the average Oregonian.
“This is a big savings, the record high was 107 dollars a barrel, now it’s thirty dollars a barrel, it’s just a tremendous opportunity for people to save some money,” said Matthew Conde with AAA.
According to AAA gas prices by the barrel are their lowest since 2009, and that means a lot more people on the roads.
“Over the holidays we did see a nice bump in travel, there was probably another 100 thousand people in Oregon the roads that we weren’t expecting before so it’s very nice and definitely something we expect to see continue,” said Conde
Don’t expect things to stay this way for long.
“In the long run, there will need to be a stabilization of the market for the economy to do what it needs to do and not lose jobs, in the Midwest for example but for now, this is a good time for all of us,” said Conde.
Even so, those behind the wheel will take every extra cent they can get.
“It’s gonna creep back up but I’ll take advantage of it, save the money while you can,” said Babbitt.