Las Vegas Sun

April 23, 2024

Fuel prices falling

CAMARILLO, Calif. -- Motorists are seeing the first drop in gas prices in four months due in part to falling crude oil prices because of increased certainly about Middle East oil supplies, an industry analyst said.

Gas prices dropped six cents a gallon nationwide over the past two weeks. It's the biggest two-week drop since October 2001, analyst Trilby Lundberg said Sunday.

Another factor was the completion of repairs and maintenance at refineries in advance of spring demand, she said.

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