Gas Prices Continue Slide
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US average retail gasoline prices fell over the last two weeks and are poised to slip even further as crude oil prices continue to tumble, an industry analyst said on Sunday.
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After a month-long rally that repeatedly pushed oil prices to new highs, the cost of a barrel slumped for the fourth day in a row, dropping by nearly $2 to below $44.
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American motorists should expect  gasoline prices to slide another 10 cents at the pumps in the  next couple of weeks, tracking a steep decline in the price of  crude oil, the AAA motorist group said on Tuesday.
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After dropping to less than &#36;2 per gallon last month, the national average price of a gallon of gas is rising again, in large part because of higher crude oil prices, an industry analyst said Sunday.
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Battered oil prices fell again on Friday, extending this week&#39;s 14 percent slide, as disappointing US jobs data deepened a slump driven by easing worries about winter supplies.
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Average U.S. retail gasoline prices  have fallen significantly in the past two weeks as crude  dropped by more than $5.00 a barrel and the summer driving  season came to an end, according to the nationwide Lundberg  survey.
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Oil prices fell below $45 on Wednesday dragged down by heavy losses on US gasoline as summer driving demand failed to meet expectations.
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Oil prices fell again on Tuesday, taking  U.S. crude below $53 a barrel, on signs that high energy costs  are slowing the economic growth that has fueled this year's  sharp increase in world oil consumption.
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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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Consumer prices, which have been buffeted this year by soaring energy costs, fell by 0.1 percent in July as gasoline costs posted their biggest decline in eight months, the government reported Tuesday.
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American motorists should expect   gasoline prices to slide another 10 cents at the pumps in the   next couple of weeks, tracking a steep decline in the price of   crude oil, the AAA motorist group said on Tuesday.
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NEW YORK  The average price of a gallon of  gasoline fell 21 cents in the last two weeks.
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OTTAWA (CP) - Despite a rise in gasoline prices last month, the annual rate of inflation dipped to 2.3 per cent in July, Statistics Canada said today.
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While U.S. retail gasoline prices have declined for seven weeks in a row, they are still at the highest level ever recorded by the government heading into the busy Christmas travel week, the Energy Department said on Monday.
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The average U.S. retail price of  gasoline fell 2.67 cents in the past two weeks, its first  decline since early September due to increased crude oil  production, a leading industry analyst said on Sunday.
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NEW YORK  The average price of a gallon of   gasoline fell 21 cents in the last two weeks.
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Gasoline prices extended their slide at the pump Wednesday, while oil and gasoline futures gained on a surprise decline in gas inventories.