2008 Record High Gas Prices Drop to 2007 Record High Prices

"Southland gas prices plummeted by more than a penny a day over the past month," AAA of Southern California reported today, adding this observation: "Despite the sizable drop in recent months, however, prices are at about the same level in most areas as the 2007 record high prices." The current price of a regular gallon of gas in Los Angeles is $3.454.

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[1] | BingosDingo

Is it my imagination or "pump prices" still considerably higher now than the last time a barrel of oil was in the $70.00 range?

Reply | October 17, 2008 6:41 AM

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[2] | jrb

Gasoline definitely hasn't come down as much as a barrel of crude has. I guess that's part of those "windfall" profits.

Reply | October 17, 2008 9:44 AM

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