Fuel Prices Continue Downward

November 17, 2005
Filed under Trailer News

Gasoline prices continue to fall as supplies catch up with demand. Crude oil prices fell to
their lowest level since late July. The national average for regular self-serve gasoline is
$2.352 a gallon, down by 10 cents from last week.

In the Los Angeles area, the average
price of self-serve regular gas was $2.669, or 8.9 cents lower than last week, 31 cents
lower than last month, but still 29 cents higher than a year ago, according to the
Automobile Club of Southern California’s Weekend Gas Watch.

In Texas, the statewide average
price for a gallon of regular self-serve was $2.273 a gallon — a weekly drop of 11 cents.
Unless there is a disruption in the availability of gasoline, prices are expected to
continue to drop throughout the Thanksgiving holiday.

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