Gas Prices Inch Lower, Still Higher Than A Year Ago

Gas prices fell almost nine cents over the past three weeks, according to a nationwide survey.

The Lundberg Survey found the average price for a gallon of regular gas nationwide is now $3.61. That's also the average here in North Carolina where gas prices have dropped six cents over the past week.

The current price is still higher than the average of $2.65 a gallon from this time last year.

The recent price decline is attributed to a steep drop in crude oil prices, which fell almost two percent in the past week.

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  • by Sam Location: Kitty Hawk on Aug 15, 2011 at 06:21 AM
    The ones who keep on stealing our money through their corruption should have their hands cut off.
  • by Tom Location: OBX on Aug 15, 2011 at 02:13 AM
    That's BULL. It went up 9 cents last week when oil was down to 83 dollars a barrel. Short sighted GREED is driving this country and there are no "Checks And Balances".
    • reply
      by WOW on Aug 15, 2011 at 07:31 AM in reply to Tom
      Until our "Beloved Leader" puts somebody in charge of the CFTC that's not already owned by the big money speculators (i. e. Goldman Sachs), this is what you're going to have.
      • reply
        by to wow on Aug 15, 2011 at 10:25 AM in reply to WOW
        You should be happy the prices are still high. You support the GOP, and they support Big Oil, keeping their Subsidies, and giving them huge tax breaks even though the report record profits every quarter. WoW, keep in supporting the GOP, the CEO's and Wall Street will just love you for it.They will be laughing all the way to their banks. OIh, and good luck with that 98% you got.
    • reply
      by Anonymous on Aug 15, 2011 at 10:37 AM in reply to Tom
      Checks and Balances, remember who did not want a balanced economy? The wealthy are exempt.
  • by Really? on Aug 14, 2011 at 07:24 PM
    $85 a barrel right now gas at the pump should be $2.89 why is it taking so long to go down???
    • reply
      by Chuck on Aug 15, 2011 at 11:41 AM in reply to Really?
      Same Old Story.Bought Gas at station By Harris -Teeter @ 14th & Charles For $350.9 per gallon today(Monday 15th)& Gas Was about 5 cents a gallon more at Hess/Trade @ Greenville Blvd & 14th street . as usual.Hess/Trade continues to gouge us as usual.
  • by Gumby on Aug 14, 2011 at 05:59 PM
    One day we make the gas co eat their oil. Not a lot of people on the road lately uh. Plus $5.69 box of frosted flakes is crazy. My mom lived through the depression and said their would be another and its coming fast. Wake up people vote someone new or continue to give 1/2 of your salary to taxes.
    • reply
      by Eric on Aug 14, 2011 at 07:36 PM in reply to Gumby
      One: If you're gonna blame the President for gas prices, blame the one who was an oilman before President who saw our gas top $4/gallon, not the one who's failed to fix that one's mistakes. Two: Frosted Flakes is expensive because Kellog's knows people will pay extra for the box with Tony the Tiger on it. Buy the store brand or the big-bag brand (I forget the name). Generics are just as good, if not the same thing.
      • reply
        by Anonymous on Aug 15, 2011 at 03:14 AM in reply to Eric
        Eric, there is no "store brand" of gasoline. All oil companies suppliment their domestic supply with foreign oil. Those prices are CONTROLLED BY OPEC ! The only way to get the price of oil down is to produce MORE domestically. This is where obama is a failure ! Well, only one place obama is a failure. His failure list is extensive. Bush wasn't perfect I agree, but obama is a nightmare.
        • reply
          by to anon at 6:14 on Aug 15, 2011 at 10:35 AM in reply to
          Your reasoning does not have any logic to it. When Bush was President, we were doing domestic drilling..and the prices at the gas stations were still going up every week. How many times did the use the Hurrican in the Gulf as an excuse to increase gas prices? Have you forgotten how the Auto industry suffered because of high fuel prices, the Airlines? Remember the Hummer? All this happened while we were drilling domestically, so you post is not logical.

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