Wednesday, October 22, 2008
Gas Prices Drop Again In Pike County.
The price for unleaded gasoline in parts of Pike County fell again Wednesday night to $ 2.70 a gallon. Oil prices on Wall Street fell to $ 67.50 a barrel. The wholesale price for unleaded dropped to $ 1.58 per gallon as the government reported big increades in U.S. crude and gasoline supplies, adding to growing evidence that an economic downturn is drying up demand for energy.
The Energy Information Administration says crude stocks jumped by 3.2 million barrels last week, slightly more than the 2.9 million barrel increase expected by analysts survey by energy research firm Platts.
The Energy Information Administration says crude stocks jumped by 3.2 million barrels last week, slightly more than the 2.9 million barrel increase expected by analysts survey by energy research firm Platts.
# posted by Joe Kinzer @ 7:35 PM 
