In many cities last week, motorists must have felt as if they were on a nostalgia trip. At Alert service stations in the South, dealers were selling unleaded gas for as little as 87.9 cents per gal. and throwing in a car wash to boot. Downtown Standard Service in Denver offered unleaded for 85.9 cents per gal., down from $1.19 in mid-February. Some Houston dealers chopped the price of regular, which was as high as $1.24 last month, down to 69.9 cents.
The major reason for the good news is the plunge in oil prices. Only last November crude was selling...
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