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 prices in free fall here after $4-plus prices in September, early October

Post by John Gillie / The News Tribune on Oct. 29, 2012 at 6:43 am |
October 29, 2012 7:13 am

South Sound gas prices are falling about as fast as service stations can change their signs these days.

The News Tribune’s Gas Deal Finder is reporting more than a dozen stations selling petrol at below $3.50 a gallon in the Tacoma area with gas available for $3.37 a gallon at a Lakewood Shell station at 8305 Steilacoom Blvd and at a Bonney Lake Fred Meyer on Highway 410. In Olympia, the lowest price was reported at a Shell station at 2125 Caton Way SW where gas was selling for $3.44 a gallon.

The average price is in the Tacoma area this morning was $3.643 a gallon, down 23.1 cents a gallon from just a week ago.
As recently as Oct. 17, gas was selling for an average price of more than $4 a gallon.

Those prices fell 4.1 cents a gallon overnight.

One measure of just how far prices are down is that for the first time in many months the local gas price is well below the price a year ago when a gallon was selling for $3.758.

National prices are still below those in Tacoma at $3.563 a gallon. Gas was cheapest in Oklahoma at $3.16 a gallon and most expensive in Hawaii at $3.478. California remained above $4 at $4.132 a gallon.

*
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.