EagleTribune.com, North Andover, MA

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October 8, 2013

Gas prices continue to fall

Price decline will continue, expert says

(Continued)

So far this year, there have been no major problems at refineries and no serious storms that would increase prices, Laskoski said. Tropical Storm Karen also did not prove to be as serious as predicted, Laskoski said.

“We have been able to avoid weather events that have the potential to create tremendous spikes in prices,” he said.

Last October, fuel prices surged in the wake of Hurricane Sandy, which wreaked havoc along the East Coast. New York and New Jersey were particularly hard hit.

Southern New Hampshire residents filling up at the pumps in Salem yesterday were pleased with the drop in prices, but questioned how long they would continue to decline. None of those interviewed knew how much money they were saving.

That includes Gary Blydenburgh, 41, of Salem. He was filling up at Salem Express. The price for a gallon of regular was $3.39.

“I’ll believe it when I see it,” he said of future prices decreases. “It’s like playing the lottery whenever you fill up the tank.”

Billy Phu, 38, of Salem was also a bit pessimistic.

“It fluctuates — gas goes up and down, he said. “But when you add it up, gas is up.”

Paul Anthony, 56, Derry, also wasn’t convinced.

“Eventually, it will go up again,” he said of prices.

But Vicky Payne, 48, of Derry, was happy.

“I love it,” she said. “The more it goes down, the better.”

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