It may be small consolation now that the stock market has shown us its summer swoon, but gas prices are down as the price of crude oil dips below $40 per barrel.
In Tacoma, according to GasBuddy.com, the price for regular-grade gasoline on Sunday hit $3.01 per gallon, compared with a national average that has fallen 7.1 cents to settle at $2.60 per gallon.
Prices in the area this weekend were 80.9 cents per gallon lower than a year ago, and were down 17.3 cents over the past month. Nationally, the retail price is 12.8 cents lower than a month ago and down 82.8 cents over the year, GasBuddy said.
And the relatively low prices are likely to continue their journey. GasBuddy senior petroleum analyst Patrick DeHaan said, “As we enter the final stretch of the summer driving season, autumn still looks to bring a big drop in gasoline prices.”
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According to tacomagasprices.com, several outlets are selling below the local average.
On Monday morning, the service reported, two stations (a Central District Costco and a Lakewood Shell station) were charging $2.69 per gallon for regular-grade gasoline. Several others, particularly in the Lakewood area, were selling at between $2.71 and $2.75 per gallon.
C.R. Roberts: 253-597-8535