Gas prices hit four year low - KAIT Jonesboro, AR - Region 8 News, weather, sports

Gas prices hit four year low

JONESBORO, AR (KAIT) - Arkansas is one of over a dozen states in the nation with prices below $3 a gallon. However, some expect those low gas prices to be a thing of the past after November 4.

"It's been a long time since I've filled up any vehicle for that cheap," Brody Matthews said.

"When I need to, I fill up and when it's low I fill up a little more often," Kendy Nolder said as she filled up her car.

Nolder said she back and forth from Jonesboro to Memphis on a daily basis for work.

"I spend probably about $400 to $500 a month on gas alone so I'm excited to see these prices," Nolder said.

Statewide, average gas prices are around $2.87 a gallon. In Jonesboro, those prices are even cheaper.

"Right now, it's what? $2.60? I'm normally paying anywhere from $3.20 so that's a big difference," Corey Mills said.

Just a few months ago, the average gas price in Arkansas neared $3.50.  Some attribute the price drop to a drop in temperature.

"It all goes up in the summer because it's the busiest travel time of the year," Matthews said.

Others say we can thank the upcoming midterm elections.

"That was probably part of it with everything coming up here in the near future," Nolder said.

According to gasbuddy.com, four years ago, leading up to the last midterm elections, gas prices were about the same as they are now. The only difference was four years ago, gas prices were on the way up.

"It's a ploy, in my honest opinion," Heather Stewart said.

Stewart, a mother of five, had bought so many groceries in the past month, she was saving nearly a dollar a gallon on gas thanks to her gas rewards card where she shops.

So instead of paying $2.63 a gallon in gas, she was paying just $1.73. However, she said she's not going to get accustomed to it because when the election signs fade away, so will cheap gas prices.

"I say right before Christmas or right before the holidays," Stewart said. "You've got a lot of traveling coming up and so yeah...they're gonna rise."

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