Gas prices roll back slightly.Byline: Ilene Aleshire The Register-Guard Gas prices have come down slightly this week after peaking at $3.16 per gallon gallon: see English units of measurement. of regular on May 19 in the Eugene-Springfield area. The good news, AAA AAA: see American Automobile Association. (Triple A) A common single-cell battery used in a myriad of electronic devices of all variety. Like its double A (AA) cousin, it provides 1.5 volts of DC power. When used in series, the voltage is multiplied. spokesman Elliott Eki said, is that prices are likely to remain stable, or even come down slightly, over Memorial Day weekend. The bad news, he said, "Is that you've seen the end of $2-a-gallon gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by or less. I don't think it's going to come back." "This weekend is one of the single biggest of the summer driving season," he said. "Typically, demand goes up and so do prices. But this is an atypical atypical /atyp·i·cal/ (-i-k'l) irregular; not conformable to the type; in microbiology, applied specifically to strains of unusual type. a·typ·i·cal adj. year." Prices soared well ahead of the official start of the summer driving season this year, driven by spiking crude oil prices and a disruption disruption /dis·rup·tion/ (dis-rup´shun) a morphologic defect resulting from the extrinsic breakdown of, or interference with, a developmental process. in supply caused by some states' switch to a reformulated gasoline. But oil prices have come down recently, and the gasoline switchover switch·o·ver n. A complete shift, as from one system to another. has been completed, Eki said. "The senior analyst at the Oil Price Information Service is continuing to say we should see a reduction of 5 to 15 cents per gallon by the end of the June," Eki said, adding, with irony, "that would bring it all the way down to $2.95 a gallon." By the end of the summer, he said, the prediction is prices may drop by as much as 75 cents per gallon. Despite gas prices that are a third higher than a year ago, AAA is still expecting record travel nationwide this week: 37.6 million people traveling more than 50 miles from home. The Register-Guard |
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