• By Ben Wojdyla
    Oct 16, 2008 6:20 PM 2,783
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    #gasprices

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    read more: #ifeelgassy, #gasprices, #fuelprices, #gasfallsbelow70, #gasdropsto70, #oildropsbelow70, #oildropsto70, #oilprices, #oilcost, #crudeoilprices

    Oil Futures Close Below $70 A Barrel, Prices At The Pump Matching Historical Record

    The futures price of a barrel of crude oil closed today at $69.85, down $4.69 a barrel since trading ended yesterday. This is the first time oil closed below $70 a barrel since June 2007, which forced us to ask the question: 'How much did a gallon of regular cost in June 2007?' Well, after a quick hunt we found the answer was $3 a gallon, with a low price of $2.75 in Jackson, Mississippi and the high in Chicago at $3.39. Where does that leave us? With a desire to shake our fists at big oil about why gas prices haven't come down...only to find out they have, and match the historical record almost perfectly. Dagnabit. [NYTimes, Gas prices from: CarSeek]


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