Lundberg Survey: Drop in Current Gasoline Prices to End Soon

The price of gasoline has dropped almost 12 cents over the past two weeks to keep a sort of “price crash” going, according to the latest report of Trilby Lundberg, publisher of the widely known Lundberg Survey. The current gasoline price average of regular unleaded gas is $3.26 per gallon. That rate reflects a drop of almost 58 cents over the last 11 weeks, according to the survey....
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Michigan Gas Prices Close to $3

Current gasoline prices have fallen below $3.15 a gallon at several stations throughout Michigan. In Battle Creek, the price per gallon of regular unleaded gasoline has dropped to as low as $3.09, according to price tracking sources. In several cities in Michigan, such as Grand Rapids, Flint and Lansing, the gasoline prices today are already below $3 a gallon. The decline happened after a drop...
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Brent Lower than $108 with Investor Concerns on Budget Talks

The current oil price fell below $108 per barrel as investors continue to worry about the developments of talks to lower the budget deficit of the United States, opposing support from indications of a better outlook on China’s economy. The first actual developments in the talks started yesterday, with Republican House Speaker John Boehner  moving closer to the primary taxation demands of...
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Gasoline Prices are Falling to their Lowest Levels in Months in Wisconsin

Drivers are receiving an early Christmas gift at the pump as the current gasoline prices are falling to their lowest levels in many months. In a USA Today report, analysts say that the average gasoline price today is expected to drop to $3 per gallon by the year’s end. Regular unleaded gas in Chippewa Falls is currently at a low rate of $3.29 per gallon. The fall in gasoline prices had a...
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Crude Futures Prices Higher on Expectations of New Fed Stimulus

Crude futures prices were higher by 1.31 percent on expectations of a fourth set of financial stimulus from the Federal Reserve of the United States. In early morning trading, crude futures prices for delivery in January were up by $1.12 to $86.91 per barrel. According to analysts, riskier assets, like oil, were obtaining a boost from the expectations of the market that the Fed will be...
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