GASOLINE PRICES DROP!
By Greg MiglioreAutomotive News / November 11, 2005
The average price of regular unleaded gasoline stood at $2.34 a gallon on Friday. The good news for motorists: That's 51 cents less than the month-ago average of $2.85 a gallon. The bad news: It's still 36 cents above what the average price was a year ago, $1.98 a gallon. Friday's average price was down 4 cents from the price on Tuesday, Nov. 8, according to AAA, of Hawthorne, Fla. Diesel fuel cost an average of $2.83 a gallon on Friday, 5 cents cheaper than Tuesday's price.
The average was $3.19 a gallon one month ago and $2.20 a gallon one year ago. AAA surveys up to 85,000 self-serve filling stations every day and reports its findings on
www.fuelgaugereport.com. Crude oil was trading at about $57.50 a barrel on Friday, its lowest level in four months. Santa Maria, Calif., had the highest recorded price in the United States at $3.14 a gallon for regular unleaded gasoline. Mission, Texas, had the lowest at $1.80 a gallon, according to GasPriceWatch.com. GasPriceWatch.com uses volunteer spotters and has recorded more than 243,000 prices this week.
posted by Lomberto @ 10:42 AM
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