NewUsed

Find by category:

Exhaust Notes

Gas Prices Fall for 10th Week in a Row

Weekly Energy Information Administration survey shows prices may soon fall below $3.50 per gallon.

By Joshua Condon Jun 19, 2012 10:39AM
Photo via Consumer Reports.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.]
757Comments
Jun 19, 2012 3:38PM
avatar
yep not in maui, gas here is going @ $4.86 a gallon, not much less than the last 5weeks its been $4.89!! for regular...
Jun 19, 2012 3:36PM
avatar
Like usual whoever wrote this article isn't paying attention to other parts of the country.I paid 3.09$ a gallon in San Antonio,Texas today for regular.Another reason,probably, oil is going down is that Iraq is selling oil on the world market now for the first time in 20 years.So when the oil industry later claims there is a shortage of oil and the price skyrockets it's they're usual ****.......
Jun 19, 2012 3:36PM
avatar
Gas is 3.08 a gallon in Tennessee looking for below three dollars as price has dropped again.

Jun 19, 2012 3:36PM
avatar

its election year so the prices will go down and we normally have jobs election year but where are they !!!!!! One person said WE NEED A CHANGE !!!!! that is his words !!!! But where they heck is itit is a change it is all to the bad so we need to get someone else in office. this happens every year there is an eltion. By the way gas was cheaper alot cheaper when he took office know look at the price of gas, I suggest we get out and vote that  person out of office and put in someone that  cares

 

Jun 19, 2012 3:35PM
avatar
Does anyone have a clue what people are paying for Fuel in England, Europe, Australia and so on? Try anywhere from $8-$10 to a gallon. when bushy was still in Office, the price of fuel was $5 a gallon. all we need is the Mileage to get 2 or 3x what one is receiving now.so, if one gets 20 mph one should get 60 mph. if 30 mph, one should get 90 mph and so on. then again, how many whiners even begin to see what the rest of the world is paying for fuel. including Canada.
Jun 19, 2012 3:35PM
avatar

 

In Alabama, gas is $3.19 Regular-Indiana, high=

Jun 19, 2012 3:34PM
avatar
No matter who the Pres. is...he is going to have to lower gas prices if he wants to fix the economy. The more prople save on gas, the more they will spend on other stuff!!! The more revenue coming into businesses, the more people they will hire, and so on and so on........
Jun 19, 2012 3:34PM
avatar
$1.32/litre in Northern Ontario :(
Jun 19, 2012 3:33PM
avatar
Gas prices have fallen for the 10th week in a row :   Breaking news in this 11th week : Gas prices have risen to an all time record high. The cheapest price per gallon in the US is now $5.78 and rising. California is seeing prices of $9.35 at most pumps.

Think it can't happen ?

Jun 19, 2012 3:33PM
avatar
Gas prices aren't dropping in Fremont, Nebraska...They have been climbing ! $3.43 and $3.53 today. Don't know what tomorrow will bring. Time to get the bike out and air up the tires, I guess.
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?
MSN Money

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.