Gasoline prices keep falling
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Gas prices tumbled 24 cents during the past two weeks to an average of $2.42 a gallon of self-serve regular, a national survey said Sunday, posting the third straight two-week decline.
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SAN FRANCISCO (CBS.MW) - US gas prices fell 3 cents over the past two weeks and are expected to drop even lower on declining crude oil prices, according to a survey released Sunday.
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US motorists see petrol prices fall for the eighth week in a row, hitting their lowest level since February.
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U.S. drivers continued to find more savings at the pump, as the price for gasoline fell to the lowest level since February, the government said on Monday.
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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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Oil prices continued to fall Wednesday amid a growing belief that a faltering U.S. economy will lower energy demand.
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The price of a gallon of regular gasoline has dropped 14 percent during the past month across the United States and in the Washington region to its lowest level since early spring, according to the AAA Mid-Atlantic automobile club.
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Gas prices fell another 3 cents during the past two weeks, to an average of $1.93 per gallon of self-serve regular, a national survey showed Sunday.
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Oil prices fell more than $1 to just over $44 a barrel Wednesday, dragged down by heavy losses in US gasoline futures after summer driving demand failed to meet expectations.
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U.S. retail gasoline prices declined  for the ninth week in a row and truckers are enjoying the  cheapest diesel fuel in almost four months, the Energy  Department said on Monday.
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US gasoline prices fell about 3 cents in the past two weeks to an average of $2.01 per gallon as worldwide supplies of crude oil increased, an industry analyst said yesterday.
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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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SAN FRANCISCO (CBS.MW) - The average price of gasoline fell nearly 3 cents per gallon for the first time in two months, according to a national survey released Sunday.
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Oil prices continue to slide amid fears that a US recession will weaken global demand for crude.
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The price of heating oil isn't falling as fast as the price of gasoline, but it's starting to drop.
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U.S. gasoline prices fell for the  third week in a row as the latest pump price dropped a slight  0.4 cent over the last week to $1.846 a gallon, the government  said on Monday.
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Consumer prices fell by 0.1 percent in July as gasoline costs posted their biggest decline in eight months, the government reported today.