U.S. Gasoline Prices Set October Record Even as National Average Slips
4 Articles
4 Articles
U.S. Gasoline Prices Set October Record Even as National Average Slips
U.S. gasoline prices have fallen for a second straight week, but drivers are still paying more at the pump than they ever have in October. AAA put the national average at $4.36 per gallon Thursday, down about five cents from a week ago. A year ago, gasoline averaged $3.12. This is the first October in which the national average has remained above $4 per gallon. The drop came despite a small increase in gasoline demand. EIA data showed demand ris…
AAA: Gas Prices Falling, But National Average Still at Record Autumn High
Gas prices remain the highest they’ve ever been for this time of year. According to AAA, even though the national average dropped 5 cents this past week to $4.36, pump prices remain at record highs for autumn. This is the first year the national average has been above $4 per gallon in October. After dipping into the $80 per barrel range for several days, crude oil is back above $90 per barrel. Hurricane Isaias is another factor that could affect…
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