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 continue decline in South Sound

Post by John Gillie / The News Tribune on Nov. 5, 2012 at 3:04 pm |
November 5, 2012 3:11 pm

Gas prices, which have taken a dive in recent weeks, continued their decline over the weekend in the South Sound.

According to The News Tribune’s Gas Deal Finder, the average price of a gallon of unleaded in the Tacoma area Monday afternoon had fallen to $3.513, less than two cents over the national average. Washington prices typically are significantly over the national average because of higher taxes and a constrained supply.

The average price Monday was 13.5 cents down from a week earlier and nearly 57 cents less than on Oct. 5.

Low price leaders, caught up in a price war, lowered their prices more in the last several days. On Thursday, for instance, the lowest prices in Pierce County were in Bonney Lake where gas was selling for $3.27 a gallon. In that same area and in Lakewood Monday afternoon, eight stations were selling unleaded regular for $3.23 a gallon.

In Olympia, the lowest price was at an APP station on Fones Road where gas was $3.29 a gallon.

In Pierce County, 15 stations were reportedly selling gas for less than $3.30 a gallon Monday afternoon.

The price decline mirrors a national trend that sees prices falling as fall driving declines.

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 Report violators to