Gasoline Prices Drop for the Third Consecutive Day

The average per gallon price of regular unleaded gasoline recently dropped for the third consecutive day. From $3.8999 per gallon, the average gasoline price dropped for another day by 0.8 cent per gallon to end at $3.891 in the recent daily poll performed for the American Automobile Association. Over the previous week, prices at the pump have already decreased by 2 cents. In spite of the fall,...
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Global crude oil prices sink amid euro zone debt concerns

Crude oil prices fell back on the global charts today, as old fears of a recession in Europe continued to reign on the market. According to the most recent reports from Germany, the nation’s economy shrank by more than 0.25% in the last quarter of 2011. Spain’s faltering industrial sector also took a toll on the crude oil price chart. Signs of financial weakening in the last remaining strong...
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