US Gasoline Prices Cheapest Since January - FOX44 - Burlington / Plattsburgh News, Weather & Sports

US Gasoline Prices Cheapest Since January

Posted: Updated:
  • Local Stories

  • Sunday, May 19 2013 6:58 PM EDT2013-05-19 22:58:14 GMT
    Vermont's only pharmacy school graduated its first class Sunday in a ceremony at the Champlain Valley Expo. The Albany College of Pharmacy and Health Sciences graduated 74 students who say they are
    Vermont's only pharmacy school graduated its first class Sunday in a ceremony at the Champlain Valley Expo. The Albany College of Pharmacy and Health Sciences graduated 74 students who say they are excited to pave the way for those to come.
  • Saturday, May 18 2013 2:26 PM EDT2013-05-18 18:26:46 GMT
    Echo Lake Aquarium and Science Center unveiled its newest interactive exhibit Saturday; featuring state of the art technology. Echo's new Action Lab features hands-on exhibits to teach visitors about
    Echo Lake Aquarium and Science Center unveiled its newest interactive exhibit Saturday; featuring state of the art technology.
  • Friday, May 17 2013 10:05 PM EDT2013-05-18 02:05:48 GMT
    At Ben and Jerry's flavor graveyard tasty treats lost long ago only live on in memory. But Thursday there was reason to celebrate as one of the flavors would rise from the grave to be eaten again. "There
    Ben and Jerry's chooses White Russian to return to life in scoop shops.
NEW YORK -

The price of gasoline has dropped to the lowest level in five months, giving motorists some relief ahead of the July 4 holiday.

The national average fell below $3.40 per gallon on Tuesday. It has fallen steadily since peaking at $3.94 in April as oil prices dropped and supplies of summer-grade gasoline grew around the country. Gas is now below $3 in South Carolina and under $4 in every other state in the continental U.S.

Altogether, the drop in gasoline prices should save Americans roughly $200 million per day at the pump. Yet the savings hasn't encouraged motorists to drive - and spend - more this summer.

Motorists are buying about 5 percent less gasoline than they did last year, and consumer confidence fell again this month.

Copyright 2012 by The Associated Press.  All Rights Reserved.

Powered by WorldNow
All content © Copyright 2000 - 2013 WorldNow and WFFF. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.
WFFF FCC Public FileWVNY FCC Public File