NEW YORK - Average retail gasoline prices fell below $2 per gallon, due to a continuing slide in crude oil prices, falling gasoline demand and a weakening global economy, according to the latest nationwide Lundberg survey.
"It is the first time that the average price for regular gasoline has been below $2 a gallon since March 4 2005," survey editor Trilby Lundberg said in an interview.
The national average price for self-serve regular unleaded gas was $1.9717 a gallon on November 21, a drop of nearly 33 cents in the past two weeks, based on a survey of about 5,000 gas stations.
The average U.S. price per gallon of regular gasoline has now fallen about 81 cents in the past month and is down about $2.14 since peaking in mid-July.
Click here to read the entire article.
Source: Reuters
Latest from Pest Control Technology
- Envu Announces Launch of New Rewards Program
- Regulations, Science and Strategy Take Center Stage at Purdue Conference
- Selling Pest Control in the 21st Century
- Purdue Pest Management Conference Marks 90 Years
- Rentokil Initial Appoints Mike Duffy as CEO
- Harry Bryan Named VP of Business Development for Nisus Corporation
- Douglas Products Announces Planned CEO Transition
- Industry Veteran Richard Cruz Joins VM Products
