Gas Prices Drop Ever So Slightly

The see-saw gas prices saw an overall 3.5-cent increase in the United States last week, but a very slight drop locally, according to AAA’s Fuel Gauge Report.

In the Bucks and Montgomery Counties, the average price for self-serve regular unleaded gasoline is $3.927 per gallon, which is .2 cents lower from a week ago, 7.9 cents higher than a month ago and 44.4 cents higher than a year ago.

This skewing of national prices started last week in California, the report states, when the average price for a gallon in that state hit $4.671. Low supplies, plus a power outage at an Exxon refinery prevented it from producing gas, caused that nearly 50-cent hike.

Crude oil prices, however, continues to drop as global demand weakens.

Locally, the cheapest price for regular is 3.83 at Citgo - 3475 Huntingdon Pike.

If you spotted a better price, tell us in comments.

10/9/12

WEEK AGO

YEAR AGO

National

$3.815

$3.780

$3.396

Pennsylvania

$3.900

$3.905

$3.439

Bucks/Montgomery Area

$3.927

$3.929

$3.483

Lehigh Valley

$3.868

$3.869

$3.408