Gas Prices Continue To Drop

Nov 12, 2012 at 07:17 am by bryan


Gas prices continue to drop across the Southeast region as motorists gear up for Thanksgiving travel. This is positive news for travelers who are paying less for a gallon of gas than they did this time last year. Here in the 'Boro, several discounters are offering regular gas for $2.99 per gallon...and some at $2.97. 

Although gas prices are on a downward trend, the cost for a barrel of oil increased slightly after consumer sentiment increased to 84.9 this month from 82.6 in October, according to a Thomson Reuters/University of Michigan report.

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"Although oil prices inched up slightly, retail gas prices are expected to fall throughout the month," said Jessica Brady, AAA spokeswoman, The Auto Club Group. "Pump prices continue to look more attractive to travelers who plan to take a Thanksgiving road trip this year."

A barrel of oil closed Friday at $86.07—$1.21 more than the week prior.

The national average price of regular unleaded gasoline is $3.44, 4 cents less than last week. Florida’s average of $3.37 and Georgia’s average price of $3.23 decreased 7 cents from last week. Here in  Tennessee the average of $3.18 both dropped 6 cents from last week, but as mentioned--most Murfreesboro discounters are now below the three-dollar mark. 

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