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Flirtation with $4 gas appears to be over for now

Post by John Gillie / The News Tribune on May 28, 2013 at 11:41 am |
May 28, 2013 11:47 am
The price of unleaded regular dipped below $3.60 a gallon this week at the CFN station at Portland and Puyallup avenues near Interstate 5.  The price there was the lowest in the South Sound.
The price of unleaded regular dipped below $3.60 a gallon this week at the CFN station at Portland and Puyallup avenues near Interstate 5. The price there was the lowest in the South Sound.

The brief romance between $4-per-gallon prices and South Sound service stations appears to be over, at least for now.

The average price for a gallon of unleaded regular dropped to $3.92 a gallon Tuesday.  A week earlier, that average price had been nearly $4.02 for a gallon.

South Sound prices had hit the $4 mark at mid-month and had lingered there for several days before moving abruptly lower over the weekend.

Prices are still considerably higher than they were a month ago when the average was $3.59 a gallon.  But Tuesday prices nonetheless are way below the $4.27 a gallon residents were paying a year ago.

The News Tribune’s Gas Deal Finder reports that the lowest price in the South Sound, $3.59 a gallon, is posted at the CFN station at the corner of Portland and Puyallup avenues in Tacoma near I-5.  That former Arco station has a reputation as a price leader.

In Olympia, the lowest price was $3.74 a gallon at the APP station at 1306 Fones Road SE.  In Federal Way, the lowest price, $3.79 a gallon, was posted at a station at SW 312th Street and SW Dash Point Road.

Nationwide, lowest average prices were in South Carolina where the average is $3.19. The highest prices are in Hawaii, $4.31 a gallon.  The lowest prices in the continental U.S.  are in North Dakota, $4.11 a gallon.

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