06-14-07 by dugan
Last year at this time, spot crude oil was about $5.50 a barrel (13.1 cents a gallon) higher than same week this year. Gasoline was, nationally, 14.5 cents a gallon cheaper. Enjoy your "relief."
Backup: WTI Cushing spot oil price week of 06/09/06: $71.54/bbl (EIA), week of 06/08/07, $65.90 bbl
AAA national average for regular gasoline on 6/14/06, $2.897; average on 6/14/07, $3.043