DETROIT -- The drop in crude oil prices, driven by reports of swelling stockpiles for the summer driving season, is trickling down to the gasoline pump.
The average cost of a gallon of unleaded gasoline slid 2 cents to $2.22 over the past four days, according to AAA. That's still 5 cents a gallon above the average from a month ago, and 40 cents above the benchmark from a year ago.
AAA monitors credit card transactions at 60,000 self-serve fuel stations nationwide. It posts its findings at www.fuelgaugereport.com.
Drivers may see more relief soon. The price of crude oil for future delivery hovered around the $50 mark on Tuesday, down nearly $1 from a day earlier.
At the street level, the spread between the most expensive and cheapest gallon of unleaded gasoline stood at $1 on Tuesday, according to GasPriceWatch.com.
Truckee, Calif., held the distinction of the nation's most expensive gasoline at $2.85 a gallon, according to the site. Shaving $1 off that price requires driving to Plymouth, Ind.
GasPriceWatch.com gathers more than 70,000 prices submitted by spotters.
|National Unleaded Average|
|Month Ago Avg.||$2.17||$2.30||$2.39||$2.31|
|Year Ago Avg.||$1.82||$1.93||$2.00||$1.78|
You may e-mail Dale Jewett at [email protected]