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Crude oil prices continue drop

Posted on: Thursday, 4 December 2008, 07:46 CST

Crude oil prices dropped to less than $46 a barrel Thursday on the New York Mercantile Exchange as demand continued to show signs of eroding.

Crude oil prices fell $1.02 to $45.79 per barrel. Heating oil prices fell 0.0194 cents to $1.5646 per gallon. Reformulated blendstock gasoline dropped 0.027 cents to $1.0035 per gallon. Natural gas prices lost 0.007 cents to $6.34 per million British thermal units.

At the pump, the average price for a gallon of regular unleaded gasoline was $1.789 Thursday, down from Wednesday's $1.803 a gallon, AAA said.


Source: United Press International

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