Skip to comments.Pump prices are falling
Posted on 09/23/2013 10:10:57 AM PDT by thackney
Gasoline prices are at their lowest level since early July and are expected to fall further, according to an analysis from GasBuddy.com.
The national average for a gallon of regular is $3.47, down 34 cents from a year ago, according to AAA.
The average price for a gallon of regular in Houston is $3.23, down 37 cents from a year ago, according to AAA data.
Because refineries are running at high rates and consumer demand likely will be down from last year, prices will continue a gradual decline, GasBuddy.com Chief Oil Analyst Tom Kloza said in an email.
Several refuelling stations in Houston are currently offering gasoline for less than $3 a gallon, according to data on GasBuddy.com.
The falling prices for U.S. gasoline is coming as oil prices remain high, above $103 a barrel on Monday for West Texas Intermediate domestic crude.
If oil prices fall, that will push gasoline prices even lower, Kloza said.
Yet a barrel of oil was over $108 last week.
Maybe Pennsylvania didn’t get the memo? Haven’t noticed. I’m sure it will be back up to $4 again when Obama finds out. I was talking to someone who just got back from Ireland. The gas there is the equivalent of $12/gallon! That is our future if we let these lunatics continue to occupy our government!
Too bad it’s a relatively quiet hurricane season this year....
As the Obama economy continues to faulter, and people have no need to travel to work, or can afford to travel to shop, there will be less demand for gas and prices will fall even more.
The 2.99 gas in Texas is indicative of the economic downturn.
Yes - I had $3.21 in Denton, TX Sunday. I’m not very knowledgeable about the fuel industry, but seem to recall that refiners are required to make different fuels for winter months. If so, and I hate to be negative, would assume there will be another supply issue to drive prices back up.
Didn’t get the memo in Reno either. At least not yet. Maybe they’re switching over to the “winter blend”. LOL! In any case, the lowest I found in the last several days is $3.69 for regular.
I say we need to start going around those jokers...
I so wish E-Cat weren’t a damned pipe dream scammy sounding thing....
I bought gas at 2920 and 290 in Tx for 2.96 a gallon this past Thurs.
EXPECT more of the SAME when the MSM tells us once again... "Prices at the Pump Rise UNEXPECTEDLY on news of _________"
Eastern Washington missed the memo too. $3.79 the cheapest I’ve seen.
Down from $3.59/gal to $3.35/gal in 6 days, for unleaded regular, in York PA.
Sure they’re falling. I’m not driving anywhere, just staying home trying to figure out how to pay for home heating oil from here to March!
$3.13 in Fairview, TN. $3.45 10 minutes further into Nashville.
In Richland we actually had a station @ 3.38 a couple of weeks ago while most were in the 50s and 60s, now that station is in the 50s and most are in the low 60s. So gone up here.
Gas dropped below 3.30/gal around Port Richey, FL. Still a little higher in Hernando Cty.
Mississippi is sky high also. I think fuel prices are coming down like unemployment is... phony baloney, good time rock and roll, plastic fantastic, banana republic math.
An oversupply of gas for the moment because of a slow economy????
3.89 in Buffalo