IRVING, N.Y. (WIVB) — Even for the Indian reservation, it’s a price that’s catching attention.
Regular unleaded gasoline was selling for $1.51 a gallon at Catt-Rez Enterprises on Route 5 in Irving on Tuesday.
“It’s unreal. I got extra money to do a lot of stuff.” said Lancaster resident Jim Surdej. “It’s unbelievable how could it go from $3.90 a gallon to a buck fifty, you know it’s crazy.”
It’s about half the price consumers paid two summers ago, so Westfield resident, Jill Lindstrom saved well over a thousand bucks this year. “It’s really very nice. It’s made things a lot easier since I fill up at least once a week, so it’s a lot cheaper it’s nice. When I started driving it was over two dollars a gallon.”
Native territory like the Seneca Indian Reservation is tax free, so stations like Catt-Rez don’t have to pay the sixty cents in fees and taxes that off reservation stations are required to pay.
- Excise tax – 8 cents
- Petroleum Business tax – 17 cents
- State Sales tax – 8 cents
- Petroleum testing Fee – .05 cents
- Spill fee – .3 cents
- Federal Excise Tax – 18.4 cents
According to Gas Buddy charts, gas prices nationwide were this low briefly in 2005 and again in 2009.
Buffalo resident, Sheryl Mietus is saving about a hundred bucks a month. “It means I can go out to dinner a couple times, at least once this week, and not even think about it in terms of my budget.”
“Unbelievable,” said Evans resident , Hank Williams. “I drive an Explorer, and I use it for my business and I drive probably three to four thousand miles a week and it’s made a huge difference.”
Now for the dollar and 51 cent question…will it last ? Jim Surdej doesn’t have high hopes. “It’s gonna go back up, this is just a ….maybe election time, could that be it ?”