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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.

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