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The End of a Downward Trend?



By Bill O'Neil

Still going down--but analysts see an end--at least temporarily--to the week after week freefall in prices we've been seeing at the gas pump.  

That word comes on the heels of yet another three and a half cent drop in the average price per gallon of regular unleaded over the last week said Gasbuddy.com's Gregg Laskoski. 

"The average price today is $3.09... a year ago we were looking at $3.48 a gallon (in San Antonio)" Laskoski told 550 KTSA News.  He said rising wholesale prices are already being felt in other parts of the country--and South Texas is not immune. 

"You could even see a slight uptick in the next week to ten days--but that's probably going to be temporary" Laskoski said, adding the forecast on gas prices continues to call for an overall decline through the end of the year.   




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Topics : Business_Finance
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Locations : San AntonioSouth Texas
People : GasbuddyGregg Laskoski
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