NEW YORK, Oct. 11 (UPI) -- The average cost of a gallon of gasoline in the United States is heading toward $3 due to the ailing economy and weak demand, a credit card survey indicates.
CNN/Money reported Saturday an American Automobile Association Daily Fuel Gauge Report indicated the average cost of a gallon of unleaded gasoline fell 5.9 cents nationwide this week to an average cost of $3.29.
CNN/Money said since setting a record high of $4.11 a gallon July 17, the price of gasoline has dropped significantly due to economic worries and a decline in demand.
The 82-cent decrease marks a drop of more than 20 percent since the record high, but the current average price is still 19 percent, or 53 cents, higher than a year ago.
CNN/Money said the current highs for a gallon of unleaded in the United States is in Alaska and Hawaii where a gallon costs $4.09 and $4.05 respectively.
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NEW YORK, Nov. 12 (UPI) --
U.S. tennis great Andre Agassi bid farewell Wednesday night on "Late Show with David Letterman" to the mullet-style hairpiece he used to wear.
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NEW YORK, Nov. 12 (UPI) --
Crude oil prices fell Thursday on the New York Mercantile Exchange to under $77 per barrel, despite the dollar's trend towards weakness.
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