Friday 4 September 2015

Otmane El Rhazi : Gasoline prices in week before Labor Day lowest in 11 years

Otmane El Rhazi from Today in Energy.

The U.S. average retail price for regular gasoline was $2.51/gallon (g) on August 31, the lowest price for the Monday before Labor Day since 2004, and 95¢/g lower than the same time last year. Declines in crude oil prices are the main driver behind falling U.S. gasoline prices.

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