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“When I first saw it, I thought it was a misprint,” said Marcus Hendricks, a student who lives in south Oklahoma City, at the OnCue Express in southeast Oklahoma City, where the price was $1.99 per gallon for gas with a 10 percent blend of ethanol. “There were so many cars it looked they were giving something away for free. They practically are.”.
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The Conference Board survey also found that one third of respondents will use their extra money from cheap gas to reduce debt or add to savings. Those moves could support more spending in the future. Only 20 per cent said they will spend more on other items now, while 45 per cent said cheaper gas will have no effect on their plans..
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