Gas Pump Price Falls, 1st Drop in 6 Weeks
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The average price U.S. consumers pay  for gasoline declined for the first time in six weeks, but  still remains near the record high, the Energy Department said  on Monday.
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Fuel prices dropped this week in Michigan and metro Detroit, according to a survey posted on AAA Michigan&#39;s Web site. Michigan motorists paid $1.
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Interest rates on short-term Treasury bills fell in yesterday's auction with rates on six-month bills dropping to their lowest in three weeks.
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Gas prices dropped a cent at the pump overnight, following a futures market that has plunged more than 25 cents a gallon over five days on news of growing inventories and refineries returning to service.
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Gasoline prices at the pump slid again yesterday, while gas futures dropped on a government report that showed inventories were up slightly more than expected.
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Gas prices in Alabama have declined slightly, following national trends. According to a survey by Birmingham-based Triple A-Alabama, prices as of Friday were down less than a penny and more than four cents from three weeks ago.
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U.S. drivers continued to find more savings at the pump, as the price for gasoline fell for the eighth week in a row to the lowest level since February, the government said on Monday.
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U.S. retail gasoline prices fell  below $2 for the first time in five weeks and the cost of  diesel fuel dropped for a third week, the Energy Department  said on Monday.
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U.S. retail gasoline demand slipped last week amid an uptick in pump prices, sending purchased volumes below year-ago levels for the first time in nearly five months, MasterCard Advisors said on Tuesday.
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US gasoline pump prices fell about three cents in the past two weeks to an average of $1.93 a gallon, Trilby Lundberg said, citing a survey of about 7,000 filling stations by her Camarillo, California, research firm.
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The average U.S. retail gasoline   price fell to $2.38 a gallon, dropping for the seventh week in   a row, and could decline another 23 cents by mid-October, the   government said on Monday.
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U.S. retail gasoline prices fell to  the lowest level in four weeks and the cost of diesel fuel  declined for the second week in a row, the Energy Department  said on Monday.
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Gas prices fell nearly 3 cents per gallon during the past two weeks, reversing a trend that saw an increase of about 18 cents since early September, a national survey said Sunday.
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The freefall in U.S. gasoline prices   continued as the average pump price dropped 12 cents over the   last week to $2.50 a gallon, the government said on Monday.
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Applications for US home loans fell 6.3 percent last week after a brief bounce in early August spurred by a drop in mortgage rates, an industry group said on Wednesday.
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Gas prices have dropped nearly 5 cents in the past three weeks with an increase in supply, but soaring crude oil prices could cause rates to rise again soon, an industry analyst said Sunday.
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The Consumer Price Index fell 0.1 percent in July, taking its first drop in eight months, as gas prices declined despite the soaring cost of crude oil.