Here's a sweet treat for consumers -- pump prices continue to fall, which means an extra quarter or two left in their pockets.
A gallon of regular unleaded gasoline was selling for an average of $2.29 a gallon on Tuesday. That is down 3 cents since Friday, Feb. 10.
One month ago, regular unleaded was selling for $2.33 a gallon, according to AAA, of Hawthorne, Fla. One year ago the average price was $1.89 a gallon.
The price for a barrel of crude oil slipped below $60 on Tuesday, a sign that pump prices will continue to fall in the short term.
Diesel fuel prices continue to decline as well. Diesel fuel slipped a penny compared with four days earlier and was selling at $2.57 a gallon on Tuesday. That equaled the average price of one month ago, while one year ago the average price was $2.06 a gallon.
AAA surveys 85,000 self-serve stations across the country and posts its findings on www.fuelgaugereport.com.
The residents of Edinburg, Texas, could fill up their tanks with the lowest price for regular unleaded gasoline, $1.86 a gallon, according to GasPriceWatch.com. The highest price for regular unleaded gasoline was in Kailua Kona, Hawaii, at $3.05 a gallon.
The Web site uses volunteer spotters and has recorded more than 283,000 prices this week.
You may e-mail Kathilee Grace at [email protected]