Posted on 09/23/2013 10:10:57 AM PDT by thackney
Gasoline prices are at their lowest level since early July and are expected to fall further, according to an analysis from GasBuddy.com.
The national average for a gallon of regular is $3.47, down 34 cents from a year ago, according to AAA.
The average price for a gallon of regular in Houston is $3.23, down 37 cents from a year ago, according to AAA data.
Because refineries are running at high rates and consumer demand likely will be down from last year, prices will continue a gradual decline, GasBuddy.com Chief Oil Analyst Tom Kloza said in an email.
Several refuelling stations in Houston are currently offering gasoline for less than $3 a gallon, according to data on GasBuddy.com.
The falling prices for U.S. gasoline is coming as oil prices remain high, above $103 a barrel on Monday for West Texas Intermediate domestic crude.
If oil prices fall, that will push gasoline prices even lower, Kloza said.
Thanx!
Now the ban is set for 2014.
Here in West Michigan prices went up 21 cents/gal overnight Thursday.
$3.53 in Tacoma, WA!
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