|
Funny thing is here, all the gas stations that
are usually cheap are still at $1.51 but the ones right off the interstate
that are usually really cheap dropped to $1.39 yesterday. My friend that
owns the gas station said he hopes to see the prices drop to around $1.30
by the end of the week or next week.
Gas
prices fall for fourth week | ||
| Average prices drop 5.4 cents to $1.643 a gallon | ||
| WASHINGTON, Sept. 22 � Americans saw retail gasoline prices fall for a fourth consecutive week, dropping 5.4 cents to an average of $1.643 per gallon, the government said Monday. The national average price for regular unleaded gasoline has declined since hitting a record high $1.747 a gallon during the Labor Day holiday. |
| PRICES REMAIN 24.8 CENTS a
gallon higher than one year ago, according to a weekly survey of service
stations by the Energy Department�s Energy Information
Administration. The average national gasoline pump price is not expected to fall below $1.50 a gallon until November, the EIA said last week. The average U.S. pump price was the highest on the West Coast where prices fell 6.1 cents to an average of $1.918 per gallon, the EIA said. The U.S. Gulf Coast continued to have the cheapest gasoline last week with the retail cost falling 3.8 cents to $1.499 a gallon. Among the major urban areas highlighted by the EIA, Houston pump prices were the cheapest at $1.479 per gallon, down 3.6 cents. San Francisco was the most expensive city even though prices fell 6.3 cents to $2.047 per gallon. Los Angeles had the second most costly gasoline prices at $2.004, down 5.2 cents. |
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U.S. diesel prices fell 2.7 cents to an average $1.444 per gallon last week, the EIA said. The average cost for a gallon of diesel is 2.7 cents per gallon more expensive than one year ago. Crude oil prices account for 47 percent of the cost of gasoline. In futures trading in New York Monday, crude for October delivery expired at $26.96 a barrel, down 7 cents, while the contract for November crude, settled 12 cents higher at $27.19. |
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