Gas Prices Continue To Fall
July 10, 2012 by Douglas A. McIntyre
Gasoline prices have began to fall again, roughly following the price of oil as usual. The AAA Fuel Gauge showed the average price for a gallon of regular nationwide was $3.381 yesterday, compared to $3.382 the day before and $3.542 a month ago.
Few states have an average price for a gallon of regular of over $3.50. These include some of the most populous states — California, New York and Illinois. Overall, gas prices will continue to fall. Stockpiles are larger than expected. And factors that might have sent oil high, which most recently included a strike by Norway’s oil workers, have gone away.
Douglas A. McIntyre
