Gas Prices Continue to Fall

By Scott Sarvay

Gas Prices Continue to Fall

October 15, 2012

Detroit (Indiana’s NewsCenter) - The national average for a gallon of unleaded gasoline has fallen 2.8 cents in the last week to $3.77/g.

The national average has decreased 9.0 cents per gallon during the last month and stands 29.6 cents per gallon higher than this day one year ago.

The national average has again seen a decrease in the last week, as California joins much of the rest of the United States in seeing lower prices," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Even though there hasn't been a massive decline in California retail prices, the fact that prices have stopped rising there has helped tip the national average lower. In the week ahead, we could continue to see declines as wholesale prices fell lower late last week, meaning gas stations have additional room to drop their prices," DeHaan said

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