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Prices at the pump fall as crude oil declines



Published: Mon, August 16, 2010 @ 5:15 p.m.

NEW YORK (AP) — There were some smiles at the gas pump on today as the average price of a gallon of unleaded regular dropped by a couple of cents across the country.

The average retail price of gasoline is $2.75 a gallon, according to AAA, Wright Express and Oil Price Information Service. That's down 2 cents from Friday and 2.4 cents from a week ago. Gas is 11.3 cents a gallon higher than a year ago.

The Energy Departments' Energy Information Administration's weekly update showed pump prices at a national average of about $2.75 a gallon as well.

California drivers paid the most, at $3.17 a gallon. Special blends to meet environmental requirements boost the price there. Gulf Coast drivers, with refineries nearby, pay the least at $2.61 for a gallon of regular.

Drivers in big cities saw a range of prices at the pump — from an average $2.54 in Houston to $3.20 in San Francisco. In Chicago it cost $2.88 a gallon to fill up, while New York City motorists topped off the tank for $2.73 a gallon. Seattle gas stations averaged $3.10 for regular. Denver drivers paid $2.67 a gallon.


Comments

1hotwings(41 comments)posted 4 years, 3 months ago

Why were we paying close to $5/gal with Bush? Oh yea, we were getting screwed!!

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