Gas Price Drops by Double Digits

SALEM, Ore. — For the fourth week in a row, local gas prices dropped by double digits.

The current average statewide and locally is $3.61 a gallon, down ten cents from last week.

AAA predicted the drop. Analysts say the pain is lessening at the pump due to a number of factors, including lower crude oil prices and a decrease in demand that comes after the summer driving season.

A year ago Monday, gas was ten cents higher here.

“So we have now dropped below a year ago. For several weeks this summer and fall, we set records for the calendar day we had eclipsed what we were paying a year ago,” said Marie Dodds, spokesperson for AAA Oregon.

The aftermath of Superstorm Sandy played a role in the drop in prices due to a huge drop in national demand.

Leave a Reply

Your email address will not be published.

2 − = 1

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>