DETROIT -- A drop in crude oil prices nearly two weeks ago is still working its way to the gasoline pumps.
The average price of gallon of unleaded gasoline stood at $2.18 on morning of Tuesday, May 10, according to AAA, based in Hawthorne, Fla. That's down 3 cents from four days ago and down 9 cents from a month ago. AAA monitors credit-card transactions at 60,000 self-serve fuel stations nationwide. It posts its findings at www.fuelgaugereport.com.
Drivers of diesel-powered vehicles are paying an average of $2.32, down 2 cents from last Friday. One month ago, the average cost was $2.39 a gallon.
But falling gasoline prices could go back up. The price of a barrel of crude oil for future delivery stood at $52.30 on Tuesday morning, up 27 cents from Monday's close.
The volunteer army of pump price watchers at GasPriceWatch.com says the cheapest gallon of unleaded gasoline can be found in Plymouth, Ind., at $1.81. Drivers in San Jose, Calif., are paying the most for fuel at $2.89 for a gallon of unleaded gasoline.
GasPriceWatch.com gathers more than 70,000 prices submitted by spotters.
|National Unleaded Average|
|Month Ago Avg.||$2.27||$2.41||$2.50||$2.39|
|Year Ago Avg.||$1.89||$2.01||$2.08||$1.80|
You may e-mail Dale Jewett at [email protected]