Lower Gasoline Prices? Thank you, Oil Industry!

By David Biederman

This past weekend, the cost of fueling my vehicle was far less than it had been just last month and, happily, I am not alone. According to the Energy Information Administration, gasoline is at the “lowest average price since January 31, 2011.”

How do lower prices affect people? Fueling at the pump across from me was a cab driver who relayed his thoughts …