The Falling Price of Gasoline Compared With 7 Common Items
— -- Gasoline has fallen below $2 a gallon at some stations in the country, as the price of oil plummets globally. Now, a Starbucks Frappuccino drink is more expensive than a gallon of gas.
"This is getting downright wild," GasBuddy senior petroleum analyst Patrick DeHaan told ABC News. "We keep sliding, and there’s no end in sight."
The average cost for a gallon of regular is $2.55, down about 69 cents from a year ago and 13 cents from a week ago, according to the Energy Department's weekly price report released on Monday. Gas peaked at over $4 a gallon just a few years ago in 2008.
In 36 states, gas is at least $1 a gallon lower than six months ago on June 16, according to GasBuddy.
Here are seven items that may be pricier than the average cost of a gallon of regular gas in the U.S., from the Bureau of Labor Statistics' average price data in its consumer price index for October (CPI data for November will be released tomorrow morning) and online menu price estimates for fast food chains:
1. Starbucks Tall Coffee Frappuccino: at least $3
2. Burger King Whopper: about $3.49
3. Chick-Fil-A Chicken Sandwich: about $2.99
4. Orange juice, frozen concentrate 12 oz. can: $2.61
5. 100 percent ground roast coffee per pound: $5.03
6. 100 percent ground chuck beef per pound: $4.29
7. Whole milk, fresh and fortified, per gallon: $3.77
