Printer Friendly

GASOLINE PRICES DECREASE 3.3 CENTS PER GALLON SINCE NOVEMBER

 CLEVELAND, Dec. 2 ~PRNewswire~ -- According to Cuyahoga County Auditor Tim McCormack's gasoline price study for November, the average price of self-serve unleaded regular gasoline dropped 3.3 cents per gallon since November ($1.179 per gallon to $1.146 per gallon).
 The average price of full-serve also dropped but by only one-half cent ($1.528 per gallon to $1.523 per gallon), which is 37.7 cents per gallon higher than self-serve.
 McCormack said industry sources reported that the decline is due to two factors.
 "It was reported to us that there is a marketwide decline in the wholesale price of gasoline," he said. "Additionally, when the oxygenated fuels came into the marketplace, the estimated cost was about five cents a gallon. That added cost apparently has now leveled out to about three cents a gallon."
 Oxygenated fuels came into the market about the first of November.
 These cleaner burning fuels were mandated by the U.S. Environmental Protection Agency in order to reduce carbon monoxide emissions in cars and trucks by 17 percent.
 Northeast Ohio is one of 39 regions throughout the country that has oxygenated fuels.
 Gastown service stations continue to be the least expensive place to buy gas, with the average price of $1.115 per gallon.
 Shell stations in the county are the most expensive with regular unleaded costing $1.165 per gallon.
 By law, McCormack's office is required to inspect gasoline pumps in Cuyahoga County to ensure their accuracy.
 Other prices on a company-by-company basis:
 DECEMBER NOVEMBER
 AMOCO $1.157 $1.173
 BP $1.163 $1.197
 MARATHON $1.154 $1.199
 SUNOCO $1.150 $1.179
 UNION 76 $1.117 $1.169
 -0- 12~2~92
 ~CONTACT: Tim McCormack, Cuyahoga County Auditor, 216-443-7010~


CO: Cuyahoga County Auditor ST: Ohio IN: SU:

BM -- CL001 -- 2698 12~02~92 06:00 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Nov 30, 1992
Words:306
Previous Article:SAIC ANNOUNCES PC PRODUCT FOR HEAVY TRUCK ELECTRONIC SYSTEM MAINTENANCE AND REPAIR
Next Article:SYNERGEN BEGINS OPERATIONS IN JAPAN
Topics:


Related Articles
GAS PRICE JUMPS 1.4 CENTS SECOND WEEK IN A ROW, AAA REPORTS
AUDITOR TIM MCCORMACK RELEASES SPECIAL GASOLINE REPORT
SPECIAL REPORT FROM AUDITOR TIM MCCORMACK
SPECIAL REPORT FROM AUDITOR TIM MCCORMACK
JANUARY GASOLINE PRICES CONTINUE TO DROP
CUYAHOGA COUNTY AUDITOR CONSUMER ALERT
APRIL GASOLINE PRICES UP 5.3 CENTS PER GALLON; BIGGEST INCREASE SINCE MAY 1991
AUTUMN GAS PRICES FALL 2.4 CENTS SINCE SEPT. 1; NEW FEDERAL TAX OF 4.3 CENTS PER GALLON GOES INTO EFFECT OCT. 1
NOVEMBER GAS PRICE FALLS 3.7 CENTS PER GALLON; DOWN MORE THAN 13 CENTS FROM LAST YEAR
Gas Price Slips For Third Straight Month, AAA Says

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters