How low can they go? According to a popular iphone app, they're selling a gallon of regular for as low as $1.79 in Cleveland, $1.69 in Akron. The figures are constantly changing. That's a far cry from $4 a gallon. Wednesday morning on The Sound of Ideas, we'll look at why gas prices are so low and how long they're likely to stay that way. It's like a tax cut for drivers, but are there drawbacks to cheap gas, too? High octane conversation with Mike McIntyre.
Guests:
Patrick DeHaan, Senior Petroleum Analyst, Gas Buddy.com
Juscelino F. Colares, Professor of Law; Associate Director of the Frederick K. Cox International Law Center, Case Western Reserve University
Shawn Bennett, Executive Vice President, Ohio Oil and Gas Association
Tom Sanzillo, director of finance, Institute for Energy Economics and Financial Analysis