Petro Patrol

More good news: Gasoline prices have continued to drop.

As of Wednesday, May 18, the price of regular gas at the same BP station we've been following for weeks, located on Atlantic and Classon Avenues, is now $4.15, a 4-cent drop from only one week ago -- 8 cents total in the last ten days.

But according to the website, newyorkgasprices.com, the lowest price for a gallon of regular gasoline can be found on Staten Island over the last 24 hours is $4.07 for a regular gallon of gas. That price can be found at the Power Test station at 425 Vanderbilt Avenue, Clifton.

Also, according to the website, the lowest gas price in the Bed-Stuy area over the last 24 hours is $4.09, which can be found at the GP Petro station on 1990 Atlantic and Ralph Avenues.

Still, the lowest price in Brooklyn within 5 miles of Beford-Stuyvesant, $3.99 for a regular gallon of gas, can be found at the Fun Gas, located at 3827 Kings Hwy and Flatbush Avenue.

Does this finally mean the end of rising gas prices this year?

“The bubble has been pricked,” says John Kilduff, president of Again Capital, an energy trading firm in New York.

Kilduff credits the fall in gas prices to a surge in supply. Last Wednesday, the Department of Energy reported a buildup in both gasoline and crude oil stockpiles.

Let's keep our fingers crossed the the trend continues.