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Categorized | International, Local, News, Regional

Fuel Prices drop to significant low

Posted on 09 January 2015.

pumping gas

The question is how long it will last, and will it be long enough for motorists to realise the savings of yet another drop in the price at fuel at the pumps. This as a result is of the fall of crude oil prices below the price of $50.00 per barrel, the first time since May 2009.

About a month ago there was a significant drop in price of $1.21 to $15.21 for premium gasoline and this week there was another dip to $13.68 a fall by $1.63. Regular gas price dropped to $13.79 to $11.79. Diesel meantime has seen a $1.88 decrease to $11.11.

 

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pumping gas

The question is how long it will last, and will it be long enough for motorists to realise the savings of yet another drop in the price at fuel at the pumps. This as a result is of the fall of crude oil prices below the price of $50.00 per barrel, the first time since May 2009.

About a month ago there was a significant drop in price of $1.21 to $15.21 for premium gasoline and this week there was another dip to $13.68 a fall by $1.63. Regular gas price dropped to $13.79 to $11.79. Diesel meantime has seen a $1.88 decrease to $11.11.