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Crude oil, retail gasoline prices decline

DAILY SUN -- Crude oil, retail gasoline prices decline

By DAVID R. CORDER, DAILY SUN

THE VILLAGES — Consumer pocketbooks grew a little fatter Thursday at the gasoline pumps.

Crude oil prices plummeted on the New York Mercantile Exchange, fueling speculation that gasoline prices might fall even further than in recent days.

This is more good news for Villages-area residents, who over the past week or so have seen gasoline retailers cut almost a dime off the price of a gallon of unleaded regular.

Some of The Villages retailers posted prices around $2.54 a gallon, about 9 cents off the price they charged about a week ago.

“It’s dropping everywhere,” said Jim Smith, president and chief executive officer of the Tallahassee-based Florida Petroleum Marketers & Convenience Store Association

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Submitted Jul 04, 2009 By: EXTREMESNOW

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Zonk All-Star Author Michigan Posts:562 Points:877,520 Joined:Oct 2005	Message Posted: Jul 4, 2009 10:44:11 AM Ignore Zonk Report Abuse Let's wait till after the 4th. We just went up about 3-5 cents per gallon for the holiday.
hauler43 Champion Author Oakland Posts:3,544 Points:1,575,690 Joined:Sep 2003	Message Posted: Jul 4, 2009 10:42:08 AM Ignore hauler43 Report Abuse Here in Calif. we would love to pay $2.54, cur. around $3.00.
POPSAZ All-Star Author Arizona Posts:552 Points:176,095 Joined:Feb 2009	Message Posted: Jul 4, 2009 10:40:24 AM Ignore POPSAZ Report Abuse Happy 4th.
BurntOrange Champion Author Austin Posts:1,157 Points:354,665 Joined:Nov 2007	Message Posted: Jul 4, 2009 10:38:54 AM Ignore BurntOrange Report Abuse Prices dropped last year about this time, although it was a couple of weeks later.
NorthglennBill Champion Author Denver Posts:1,799 Points:342,030 Joined:Oct 2008	Message Posted: Jul 4, 2009 10:38:27 AM Ignore NorthglennBill Report Abuse Prices are down here as well, but only very slightly. Average price for a gallon of unleaded gasoline has only dropped about $.03 in the last 2 weeks.
Ticoman54 Champion Author Miami Posts:1,297 Points:315,545 Joined:Oct 2008	Message Posted: Jul 4, 2009 10:34:23 AM Ignore Ticoman54 Report Abuse Prices in the last couple of days have started to drop in South Florida.
Valricoslash All-Star Author Tampa Posts:680 Points:170,205 Joined:Nov 2008	Message Posted: Jul 4, 2009 10:33:00 AM Ignore Valricoslash Report Abuse Go figure, The price has dropped a dime at the Villages, about 100 miles north of the Port of Tampa where all the fuel comes in, yet right next to the Port the prices has dropped very little, and there is no transport costs. There is no rhyme or reason on how thes prices are set, ad if ther is, the oil companies keep it a big secret.
RichardoB Champion Author North Carolina Posts:1,434 Points:785,110 Joined:Jun 2007	Message Posted: Jul 4, 2009 10:30:47 AM Ignore RichardoB Report Abuse So much for the theory about prices rising over holiday weekends.
KerryDeland Champion Author Florida Posts:2,326 Points:454,880 Joined:Jun 2008	Message Posted: Jul 4, 2009 10:29:51 AM Ignore KerryDeland Report Abuse "Consumer pocketbooks grew a little fatter Thursday..." VERY LITTLE!!!!!
CelticsDraftee Champion Author Boston Posts:1,050 Points:237,815 Joined:Feb 2009	Message Posted: Jul 4, 2009 10:29:02 AM Ignore CelticsDraftee Report Abuse Hooray for falling prices!
twiper1 Champion Author San Diego Posts:1,482 Points:343,195 Joined:Oct 2008	Message Posted: Jul 4, 2009 10:28:01 AM Ignore twiper1 Report Abuse to be truthful, Im suprised
fitwit All-Star Author Stockton Posts:802 Points:177,605 Joined:May 2009	Message Posted: Jul 4, 2009 10:27:30 AM Ignore fitwit Report Abuse Why are the prices in Stockton California higher than the rest of the U.S.?
fuelconscious Veteran Author Los Angeles Posts:378 Points:110,550 Joined:Jan 2008	Message Posted: Jul 4, 2009 10:26:02 AM Ignore fuelconscious Report Abuse i saw gas prices here in SoCal decline between 5 to 10 cents per gallon.
kenjamin5150 Rookie Author Lincoln Posts:6 Points:1,350 Joined:Jul 2009	Message Posted: Jul 4, 2009 10:15:14 AM Ignore kenjamin5150 Report Abuse I saw prices drop here in Lincoln, NE. A nice change of pace compared to typical holiday weekends.
EXTREMESNOW Champion Author Oregon Posts:3,056 Points:668,735 Joined:Jul 2006	Message Posted: Jul 4, 2009 9:20:58 AM Ignore EXTREMESNOW Report Abuse Prices haven't dropped here in Jacksonville, yet!