This post first appeared on FloatingPath
The average price per gallon for all formulations of regular gasoline was $3.24 per gallon during the month of November, the U.S. Energy Information Administration reports. That is about a 10 cent decrease from October prices, and down about 21 cents from a year ago.
This is the 5th consecutive month that the gasoline price per gallon has decreased.
Diesel fuel was $3.84 per gallon in November from $3.86 last month.
Barron’s Mailbag June 1962: Irving Kahn On False Comparisons
The following letter from Irving Kahn appeared in the June 25, 1962, issue of Barron’s. Irving Kahn wrote to Barron's criticising the publication’s comparison of the 1962 market crash to that of 1929. Irving Kahn points out that based on volume and trading data, the 1962 decline was a drop in the ocean compared to Read More
Prices per gallon of regular gas decreased in all U.S. regions in November:
- East Coast: $3.30 from $3.35 last month.
- Midwest: $3.15 from $3.27 last month.
- Gulf Coast: $3.04 from $3.11 last month.
- Rocky Mountain: $3.22 from $3.44 last month.
- West Coast: $3.50 from $3.67 last month.
From a year ago, gas prices are down in all regions and have decreased the most in the Rocky Mountain region.