Tag: gas prices

Gas Prices Lowest Since 2004

Though gas is just a little over two dollars per gallon–it is beginning to benefit resident’s pockets. However, falling oil prices has caused cut backs in thousands of refinery jobs. For Fermin Muñoz low gas prices represents more than 100% savings of his monthly expenses on fuel. But why gas is so cheap? Crude accounts for about half the cost of a gallon of gas oil is trading now at under $46 a barrel. Last summer, oil was at $100 a barrel. Repercussion on the refinery labor industry “We did see this year, a big drop from the numbers...

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Gas Prices Continue to Decline

Gas prices remain under $3.00 a gallon for regular in most parts of the country… According to Gas Buddy.com, the average price of gas is ringing in at $2.35 a gallon this morning. That’s down 46 cents from this time last month, and down 89 cents from this time last year. Hawaii continues to hold the highest gas prices in the nation with a price tag of $3.57. That is still higher than most gas stations in the Valley, with the city of Penitas reporting just under $2.00 at Gurphy USA...

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Gas Prices Increase As Holidays Are Right Around The Corner

It’s not just wicked weather many holiday travelers might be dealing with. Gas prices are back on the rise the national average for a gallon of regular unleaded at $3.28, that’s up for 12 of the past 13 days as well. But we’re still around 50 cents below peak prices this year. Meantime, the crystal ball for a housing recovery getting a little foggy. Fewer Americans signing contracts to buy a home in October. That’s the fifth straight monthly decline, and not a great sign for future sales. Call it a tech check for holiday shopping. According to a new survey,...

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