Gas prices dropping
Us gasoline prices fell for the first time in eight weeks, the Energy Department said yesterday, in what could be a turning point for American consumers.
Regular unleaded gas declined half a penny over the last week to a national price of $3.96 a gallon, which is still up $1.10 from a year ago.
The price for diesel fuel also fell 4.3 cents to $4.06 a gallon, diesel’s first price decline in three weeks.
The drop in gasoline prices follows the sharp retreat in crude prices.
US oil has fallen about $16 a barrel since the beginning of this month.
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