Gas Prices Fall for 10th Week in a Row
Weekly Energy Information Administration survey shows prices may soon fall below $3.50 per gallon.
Good news for drivers heading into the summer travel season, usually the time for skyrocketing fuel prices: The cost of gasoline has dropped for the 10th straight week, to $3.589, according to the Energy Information Administration's weekly survey. That's a significant drop from the same week's price of $3.76 in 2011, as well as from last week's $3.629.According to AAA's daily survey, the national average price for a gallon of regular gas today fell below $3.50 -- the first day since Jan. 30 to see prices fall so low.
Not everyone is being spared, however: While the lower Atlantic region is paying a mere $3.301 per gallon, California -- considered its own "region" in the weekly survey -- still shows average prices above $4.
Analysts point to the struggling world economy, specifically the eurozone crisis, for driving down the price of oil. For those planning a road trip this summer, it's a welcome side-effect of a bad situation.
[Source: USA Today.]
It isn't good news. The price of oil-per-barrel is $83.00, as of last week. We should be paying no more than $2.00/gal, but we're still getting raped by oil companies, because we're still paying over $3.00/gal.
Leave the propaganda on the newsroom floor. Start writing articles asking real questions like why we're still paying so freaking much for fuel.
for a country that produces its own oil we seem to be getting the tire iron shoved up the a@#. by the oil companies and the share holders. everything goes up exept wages. so there billions they make hurts the everyday hard working american . but what the hell do they car there RICH beyond stupid
EXPLORE NEW CARS
MORE ON MSN AUTOS
‘Eleanor’ Mustang sells for $1M'Gone in 60 Seconds' movie car driven by Nicolas Cage has a new home.
ABOUT EXHAUST NOTES
Cars are cool, and here at MSN Autos we love everything about them, but we also know they're more than simply speed and style: a car is an essential tool, a much-needed accessory to help you get through your day-to-day life. What you drive is also one of the most important investments you can make, so we'll help you navigate your way through the car buying and ownership experiences. We strive to be your daily destination for news, notes, tips and tricks from across the automotive world. So whether it's through original content from our world-class journalists or the latest buzz from the far corners of the Web, Exhaust Notes helps you make sense of your automotive world.
Have a story idea? Tip us off at exhaustnotes@live.com.
