Gas Prices Fall to Less Than $4 Per Gallon
July 28, 2008
Crude oil prices wavered in New York over the weekend before rising to $124.47 a barrel Monday.
Oil prices tracked up $1.21 a barrel on the New York Mercantile Exchange, reaching $124.47 per barrel.
Other energy prices also rose.
The price of heating oil rose 0.0421 cents to $3.565 per gallon. Reformulated blendstock gasoline prices rose 0.0393 cents to $3.0716 per gallon. Natural gas prices rose 0.095 cents to $9.179 per million British thermal units.
The national average retail price of unleaded gasoline fell to less than $4 a gallon last weekend and Monday were at $3.958 per gallon, down from Sunday’s $3.97, the AAA Daily Fuel Gauge Report said.