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US national average falls for 2nd straight week: Attempting breach of $3/gal

From gasbuddy.com

For the second straight week, the nation’s average price of gasoline has declined, falling 3.8 cents from a week ago to $3.03 per gallon yesterday according to GasBuddy data compiled from more than 12 million individual price reports covering over 150,000 gas stations across the country. The national average is down 12.2 cents from a month ago and 22.0 cents per gallon lower than a year ago. The national average price of diesel has fallen 5.6 cents in the last week and stands at $3.90 per gallon—75 cents lower than one year ago. “Sluggish gasoline demand has led to the national average easing again and brings back ... (full story)

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  • Category: Fundamental Analysis