Gas Prices Down

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Gas-Prices_20150810173007-159532
Gas prices continue to drop.
 
With the arrival of Fall, prices at the pump are now down nine cents in the past five weeks, according to the Lundberg Survey.
 
The national average is now $2.35 a gallon, down $1.03 in the past year.
 
The drop is being credited to retailers cutting their own profit margins. A smaller portion of the credit goes to wholesale price cuts by refiners in some parts of the country.
 
The supply is high right now causing refiners and retailers to compete for sales.
 
If crude oil prices remain steady consumers are likely to see prices continue to drop.
 
 

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