Friday, January 25, 2008

Gasoline back under $3

The AAA Daily Fuel Gauge Report shows the national average price for a gallon of regular unleaded gasoline has fallen to $2.998. This will put a small amount of additional money in the wallets of consumers and businesses.

The trend for both crude oil and wholesale gasoline is quite unclear at this point. Traders and speculators may push prices back up if they feel that stimulus is going to keep the economy afloat despite "recession" fears.

-- Jack Krupansky

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