Gas drops 4 cents a gallon
Written on October 10, 2008
Gasoline prices fell more than 4 cents a gallon Thursday, according to a daily survey, as the economic crisis continues to weigh on consumer demand.
The average price of unleaded regular fell to $3.403 a gallon nationwide, down 4.4 cents from $3.447 Wednesday, according to the Daily Fuel Gauge Report issued by motorist group AAA.
The price has tumbled more than 71 cents, more than 17% below the record $4.114 set July 17. It’s down nearly 25 cents from a month ago, but up almost 64 cents from a year earlier.
The average price fell below $3 a gallon in Oklahoma, where it is now $2 (faxless payday loan guaranteed).987. Oklahoma is the only state below $3, with Kansas closest at $3.034.
Gasoline is highest in Alaska, at $4.165 a gallon, with Hawaii - at $4.107 - the only other state above $4 a gallon.
The survey is conducted for AAA by Oil Price Information Service from credit card swipes at more than 85,000 service stations nationwide.
Filed in: finance.