Gasoline Prices Fall Further

The nationwide average of regular unleaded gasoline fell from 3.03 to just under 3.02. This price is down from a record 3.057 that was recorded on Labor Day. Exactly one year ago Thursday, gas was a measely 1.841.

Oil and gas prices have constantly been increasing throughout the year. Prices hit their peak due to the tragic events caused by Hurrican Katrina. Energy prices have decreased this week because refining has started back up in the Gulf, and pipelines have began shipping gasoline to the Eastern Seaboard.

Gasoline normally decreases during this time of year due to the decrease in demand of gasoline. Labor Day marks the end of the summer driving season. Mississippi showed the lowest nationwide cost of regular unleaded at 2.711. Washington D.C. reported the highest price with an average of 3.337.