Gas Prices Coming Down Ahead of Driving Season

Business

0  Updated at 3:18 pm, April 1st, 2013 By: ABC Digital
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Wavebreak Media/Thinkstock(WASHINGTON) — The weekly average price of a gallon of regular gas is $3.65, down 4 cents from a week earlier, according to the Department of Energy.  This price is down 30 cents from a year ago.
 
For the first time in a decade, gas prices went down in the month of March, according to AAA.
 
“It is very unusual for gas prices to decline in early spring like we have seen this year,” said AAA spokesman Avery Ash. “An increase in refinery production and lower oil prices in early March have combined to provide rare falling prices for motorists in comparison to recent years.”
 
On average gas prices in 2013 are expected to be lower than last year.

Copyright 2013 ABC News Radio



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