Improvements At The Pump

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Improvements At The Pump

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Posted: 7:45 PM Oct 12, 2008
Last Updated: 8:08 PM Oct 12, 2008
Reporter: Associated Press

5 comments

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The tumbling price of crude oil has turned into a price break at the pump.

The Lundberg Survey released this weekend shows the average price of a gallon of self-serve regular has gone down by 35 cents over the past two weeks. It's now $3.31. Mid-grade was $3.45 as of Friday and premium was $3.57.

The cheapest gas is in Wichita, Kansas, at $2.79 for a gallon of regular. Honolulu is the most expensive at $3.91.

The Lundberg Survey averages prices from 5,000 gas stations around the country.

The price of crude last week dropped below $78 a barrel, reflecting investor pessimism.

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Comments are posted from viewers like you and do not always reflect the views of this station.

Posted by: T Location: Lincoln on Oct 14, 2008 at 10:42 PM
Dan you the man.Poor old George Bush isn't getting his record oil profits like the last year.When he's finally gone(can't wait) he might have to file for unemployment benefits due to the gas prices.

Posted by: Ben Location: Lincoln on Oct 14, 2008 at 01:32 PM
Dan, Usage in Nebraska is down and oil prices are down with this information you figure out if you right now!

Posted by: Dan Location: Lincoln on Oct 13, 2008 at 11:05 AM
Hm...wow, right before elections...gas prices are falling faster than Bush's approval rating. Because nobody predicted this would happen...*cough* I did *cough* But lets praise the republican party now because of this miracle and vote John McBush for president!

Posted by: George on Oct 13, 2008 at 10:40 AM
It is very interesting that food, shipping, garbage service, etc, all increased as the price of fuel and farm commodities increased. Now that both have dropped considerably why haven't these enities lowered their prices. Good question.

Posted by: donald Location: nebraska on Oct 13, 2008 at 07:14 AM
our govermont wants to drill more oil wells off shore. why not let those with oil wells in production now, open all their pumps to capacity. I know of one person has 5 wells a d they let him pump out of the weakest one only, one day a week. It does not take a college educated person what is wrong here. Those in DC BETTER GO BACK TO SCHOOL, AND QUIT FILLING THEIR POCKETS. ONE MAN HAS TRIED TO BUILD A REFINERY, BUT EVERY TIME HE GETS STARTED,SOME OFFICIALS FIND A NEW EXCUSE WITH THE REGULATIONS EVEN THOUGH HE HAS ALL THE PREVIOUS BUILDING RULES IN ORDER. lt takes common sense and not some dummies.