Gas Prices Continue Downward Trend In Greensboro

5:46 AM, Oct 15, 2012   |    comments
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Greensboro, NC  --   Average gas prices in Greensboro fell 1.7 cents per gallon in the past week, averaging $3.64/g yesterday. This compares with the national average that has fallen 2.8 cents per gallon in the last week to $3.77/g, according to gasoline price website GreensboroGasPrices.com.

"The national average has again seen a decrease in the last week, as California joins much of the rest of the United States in seeing lower prices," said GasBuddy.com Senior Petroleum Analyst Patrick DeHaan. "Even though there hasn't been a massive decline in California retail prices, the fact that prices have stopped rising there has helped tip the national average lower. In the week ahead, we could continue to see declines as wholesale prices fell lower late last week, meaning gas stations have additional room to drop their prices," DeHaan said.

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