Thursday, August 21, 2008

Gas Prices Drop 35 Days in a Row

Gas prices continued their month-long slide Thursday, bringing the total decline in 35 straight days of decline to more than 41 cents a gallon, according to a daily survey of gas station credit card swipes.

Regular gasoline fell 1.5 cents to $3.702 a gallon from $3.717 a day earlier, according to the Daily Fuel Gauge Report from motorist group AAA and the Oil Price Information Service.
Gasoline prices have fallen 10% since hitting a high of $4.114 a gallon in mid-July, reflecting a 20% decline in oil prices, but remain more than 91 cents higher than they were a year ago.

read the CNN story

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