, Columnist
What's So Bad About Low Gas Prices?
For the first time in years, a gas station in the United States is selling gas for just $1.99.
Fill 'er up.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
If you're my age, you could be forgiven for thinking that $2 gasoline is the kind of nostalgic memory you'd be able to share with your children someday, like playgrounds with monkey bars or televisions that didn't even have a remote control. Suddenly, however, it's back. For the first time in years, a gas station in the United States is selling gas for just $1.99.
If you have a big, gas-guzzling car or drive a lot, this is great news. And overall, lower energy prices are good for the economy, so this is likely to keep U.S. gross domestic product growth strong -- if they last.
