Gas Prices Down Nationally, Up Locally

Despite an average 3-cent drop in gas prices nationally, locally, prices rose about 2 cents from last week, according to AAA’s Fuel Gauge Report.

In Montgomery and Bucks counties, the average price for self-serve regular unleaded gasoline is $3.929 per gallon, which is up 1.6 cents from a week ago, 10 cents higher than a month ago and 39.6 cents higher than a year ago.

The report does state that crude oil prices continue to fall as we move into colder weather. Crude oil, what gasoline is made from, dropped from a $99 a barrel high in September, to below $90 a barrel last week.

Locally, the cheapest price for regular is $3.84 at the Giant Gas Station, 720 W. Street Rd.

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

10/3/12

WEEK AGO

YEAR AGO

National

$3.780

$3.810

$3.424

Pennsylvania

$3.905

$3.889

$3.483

Montgomery/Bucks Area

$3.929

$3.913

$3.533

Lehigh Valley

$3.869

$3.843

$3.461