Gasoline prices start declining due to dip in crude prices

email Email  Print Print  
Thu, Aug 7, 2008
Oil Market News
Post by Researcher , Oil Researcher

Gasoline prices declined by another 7 cents last week in Texas as the average price for a gallon of gasoline dropped below $3.74 a gallon.

AAA Texas Corporate Communications Manager Dan Ronan said:

As the price of crude oil continues to drop, drivers nationwide and in Texas are beginning to really see the benefits. Prices have fallen by about a quarter nationwide and by about the same amount in the state. This means that a motorist who purchased 15 gallons of gas at $3.99 a gallon can now expect to get 16 gallons for the same total cost. All of the great work done by motorists this summer to conserve fuel and consolidate trips appears to be paying off.

Click here for full story

Questions about this article? Leave a comment below or contact our editorial team at editor@resourceinvestingnews.com.

Leave a Comment

What is Oil Investing News' Comment Policy?
Oil Investing News pre-moderates comments on our blog posts and post-moderates comments on news stories. We never censor comments based on political or ideological point of view. We only delete those comments that include the following transgressions:

  • Are abusive, off-topic, use excessive foul language
  • Include ad hominem attacks including comments that celebrate the death or illness of any person, public figure or otherwise
  • Contain racist, sexist, homophobic and other slurs
  • Are solicitations and/or advertising for personal blogs and websites
  • Thread spamming (you've posted this same comment elsewhere on the site)
  • Are posted with the explicit intention of provoking other commenters or the staff at Oil Investing News
  • Contains content that may infringe the copyright or intellectual property rights of others or other applicable laws or regulations.
Oil Price Chart
Asides

Information