Gasoline Prices Declining
Remember how, before the election, the price of gasoline seemed to be on a scary, precipitous climb to the heavens, with no summit in sight?
Today comes a report that the retail price of gasoline has fallen for the eighth straight week. (Hat tip: Steven Den Beste.)
WASHINGTON —U.S. retail gasoline prices fell to an average of $1.791 for regular unleaded as motorists took to the roads for the Christmas and New Year’s holidays, the Energy Department said Monday.
The drop represented a 2.4-cent fall from the previous week and U.S. retail gasoline prices have declined for eight weeks in a row.