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Gas Prices Fall

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The last two weeks have seen gas prices slide back to $2.48 per gallon.

From Reuters:

NEW YORK (Reuters) - The average price of a gallon of gasoline in the United States fell again over the last two weeks, but prices seem to be bottoming out, an industry analyst said.

The national average for self-serve regular unleaded gas was nearly $2.486 a gallon on July 24, down about 7.14 cents per gallon since July 10, according to the nationwide Lundberg survey of about 7,000 gas stations.

Average prices have tumbled nearly 18 cents per gallon in July, but the trend of falling prices could soon come to an end, said survey editor Trilby Lundberg.

Read the full article.

Other Related Topics: Crude Oil , Gasoline

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