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July 04, 2009

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Gasoline prices have been collapsing

(c)2008 NPT PHOTO BY DAVID POPIEL
Published: 11:53 AM, 10/10/2008 Last updated: 11:55 AM, 10/10/2008
 

Author: David Popiel
Source: The Newport Plain Talk

Gasoline prices have been collapsing, reflecting big declines in world oil prices and stock markets. Douglas Lake Market off Highway 25E dropped the regular price of gas to $2.95 per gallon on Thursday. "It's real," said clerk Shelly Wilson, who had plenty of business Friday morning. Nicki Le of Newport, (shown in inset) was pumping gas. Wilson said the current price was good at least until Monday. Woody's Market in White Pine was also selling gas at $2.95 to a line of motorists.

 

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