The Biz Buzz

Get the most up-to-date news, insights and analysis of Tacoma, Pierce County and South Puget Sound business.

NOTICE: The Biz Buzz has moved.

With the launch of our new website, we've moved The Biz Buzz.
Visit the new section.

Gas continuing its plunge in the South Sound

Post by John Gillie / The News Tribune on June 11, 2012 at 1:15 pm |
June 11, 2012 1:25 pm

Gas prices continue falling steeply this week in the South Sound.

In the Tacoma area, for instance, average gas prices fell almost three cents a gallon since Sunday. Those prices have dropped 16.6 cents a gallon in the last week, according to The News Tribune’s Gas Deal Finder.

The average price of a gallon of unleaded in the Tacoma area was $4.105 a gallon Monday. That’s down from $4.271 a gallon a week ago and $4.185 a month ago.

More than a dozen stations in the Tacoma area are now selling regular for under $4 a gallon, and four of those are selling gas for less than $3.90.

The lowest price in the South Sound was at U.S. Gas at 10222 Martin Way E. in Thurston County where a gallon was selling for $3.87.

Average gas prices in Seattle were lingering at higher levels than in the South Sound. Average price for gas in Seattle Monday was $4.179. Statewide the average was $4.12.

Higher production at Washington refineries is one reason gas is going down in price as well as the declining price of crude oil.

*
The News Tribune now uses Facebook commenting on selected blogs. See editor's column for more details. Commenters are expected to abide by terms of service for Facebook as well as commenting rules for thenewstribune.com. Report violators to webmaster@thenewstribune.com.