Posts Tagged ‘retail gasoline prices’

Texas gasoline prices slip to average $1.54

December 24th, 2008

HOUSTON — Gasoline prices in Texas slipped by 1 cent to reach an average $1.54 a gallon during the holiday week.
AAA Texas on Tuesday reported that retail gasoline prices appear to continue declining, but at a slower rate.
Nationwide gasoline prices averaged $1.65, compared to $1.67 last Thursday, the end of the previous weekly reporting [...]

More declines for oil on latest batch of bad news

December 24th, 2008

By CHRIS KAHN
Oil prices dipped below $38 a barrel Tuesday on fresh evidence of weakness in the U.S. housing market and a shrinking gross domestic product that suggests the recession may be worsening.
A report by the Commerce Department showed that sales of new homes fell in November to the slowest pace in nearly 18 years, [...]

US gasoline demand down despite price drop-MasterCard

October 31st, 2008

Associated Press
Retail gasoline prices in Texas apparently haven’t reached bottom yet this week.
The weekly AAA Texas gasoline price survey released Thursday finds that self-serve regular fell 29 cents per gallon this week to an average of $2.31 per gallon. That’s 47 cents cheaper than a year ago. Nationally, regular self-serve fell 28 cents to an [...]

Lower Demand and Falling Oil Prices Unlikely to Prompt OPEC Action: Abraham Energy Report

October 7th, 2008

By Tom Doggett
WASHINGTON, Oct 6 (Reuters) - U.S. retail gasoline prices fell 15 cents a gallon over the last week, dropping below an average $3.50 a gallon for the first time in six months, the government said on Monday.
The national price for regular unleaded gasoline is $3.48 a gallon, up 71 cents from a year [...]