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Gas Price Review - Week Ending September 10, 2008

This week, PetroJam announced increases in the prices of 87, 90 Octane and decreases in the price of Diesel. The price of 87 and 90 Octane moved up by $0.66 while the price of Diesel moved down by $0.02. The announcement of increases in ex-refinery prices will result in increases of the price of 87, 90 Octane and probably a slight decrease if any at all in the price of Diesel at the pumps.

Oil prices have dropped almost 25$ from over $145 dollar a barrel in June 2008to around $105 and below. That is a 28% fall in the price of Oil. Are we seeing that decrease in price at the pumps?

For more discussion on this visit see Gas Prices Blog

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