Lower Demand Fuels Relief at the Pump

By Audrey Asisito, KSEE24 News

November 5, 2012 Updated Nov 5, 2012 at 7:25 PM PDT

Lower demand fuels relief at the pump. The average price per gallon for regular grade gasoline fell nearly 21 cents between October 19th and November 2nd putting it at $3.54.

Driver Jose Perez said, “It's very expensive for me. I’m wasting a lot of money on gas especially with my truck.”

Clovis resident Adam Flowers expressed, “It's always good to see the prices drop whether its 5 cents, 20 cents, but to me it gets a little frustrating to see how gas prices fluctuate so much.”

According to the Lundberg Survey of fuel prices, that's the steepest two-week drop in almost four years. The survey cites a seasonal drop in demand and lower crude oil prices. The survey also predicts prices could fall another ten to twenty cents per gallon in the near future.

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