The price of gasoline is expected to sink below an average of $2 per gallon nationwide this week for the first time since 2009 – just in time for the busy Thanksgiving driving period. Will Speer, senior petroleum analyst with GasBuddy, puts the good news into perspective.
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While the majority of gas prices in Las Vegas on Tuesday were not necessarily reflective of the reported average in the area, drivers still benefited from a week-to-week drop.
Tucson kept the state’s lowest average fuel price, at $1.91 per gallon, down about a nickel in a week and 72 cents lower than last Thanksgiving week.
The Dearborn-based auto club says the average price for self-serve regular unleaded gasoline was about $1.94 per gallon on Sunday. “Texas, and especially Houston, has great resources in the refining community”, he points out.
Among Washington’s major metro areas, Richland had the lowest average price at $2.28 a gallon while Seattle was the highest at $2.55 a gallon.
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Low crude prices have resulted in layoffs and work slowdowns throughout the oil-and-gas industry and have been blamed, in large part, for a rise in Houma-Thibodaux’s jobless rate.
