HOUSTON (AP) — Retail gasoline prices across Texas have risen 4 cents this week.
AAA Texas on Thursday reported the average price at the pump statewide was $3.38 per gallon. The nationwide gas price average also rose 4 cents to reach $3...
The chances of gas prices falling below the $3 mark anytime in the near future might seem unlikely, but analysts say that it could come close. Fuel costs, already dropping, are expected to continue to do so for the rest of the year.
It dominates the headlines. Gas prices are up, then down, but mostly up. And diesel prices are enough to make an over-the-road truck driver cry. I know a couple of them. They've been in tears since 2008. So where are we headed next...
Just a few months ago, analysts were worried gas prices would soar this summer, possibly topping $6 a gallon. But now that the warmer months are upon us, there’s been an abrupt about-face.
In fact, fuel prices are now falling so steadily that many experts predict that by this fall, a gallon of gas will be under $3.
Many analysts predicted doom and gloom for gas prices this summer, with some saying they could reach as high as $6 per gallon.
But it seems those concerns were for naught — fuel costs have been on the decline and are now expected to stay well below last year’s prices.
It’s no secret that gas prices have reached astronomical levels, but one town’s gas prices have apparently gotten so high that its mayor has gotten fed up with pumping money into the pumps.
That mayor is Tim Baldermann of New Lenox, Illinois, and he’s called for a boycott of the gas stations in his suburban town.