Crude Oil Prices Today
August 8, 2011 by staff
The average price was in Denver and 3.43 per gallon yesterday, down 2.3 cents per gallon from the previous week, according to the website DenverGasPrices.com price of gasoline.
The national average was 3.66 per gallon yesterday, down one week of 3.7 cents per gallon.
Patrick DeHaan, senior oilanlyst GasBuddy.com, attributed the drop in oil prices decreases, yielding about 15 per barrel in just one week due to problems such as making a weak report and the possible lowering of U.S. credit ratings.
“We’re seeing an incredible decrease in the price of crude oil and gasoline, which undoubtedly have an impact on next week at the pump,” said DeHaan. “While motorists will not see large falls in all at once, which certainly expect declines in the coming days.”
Yesterday’s average price was 80.4 cents Denver per gallon higher than the same date a year ago and 0.4 cents per gallon lower than a month ago. Nationally, the average has increased 4.6 cents per gallon last month and 88.6 cents per gallon is more than a year ago.
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