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Gas prices have fallen nearly 3 cents in past week

November 8, 2011
Filed under News

Average retail gasoline prices nationally have fallen 2.9 cents per gallon in the last week, averaging $3.43 per gallon, according to GasBuddy.com. The national average has not moved during the last month and stands 57.3 cents per gallon higher than this day one year ago.

“The national average is just one penny away from being the lowest we’ve seen since the start of March, even as crude oil prices have risen,” said Patrick DeHaan, GasBuddy.com senior petroleum analyst. “Just in the last week, wholesale prices have moved 13 cents per gallon between the high and low, so it does remain surprising that average prices have moved very little.”

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